The Pension Protection Fund's new levy calculation remains unfair to last man standing multi-employer schemes and must be changed, the Merchant Navy Officers Pension Fund says.
The £3bn scheme is lobbying the PPF to amend its proposed levy calculation and has come up with an alternative method, which it says reflects the "very small risk" such schemes represent to the PPF. ...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.