Wincanton's pension scheme has reduced its equity holding after strong asset performance cut £60m from its deficit, triggering a de-risking exercise.
The logistics company revealed in its preliminary results for 2010/11, released today, that its pension fund had cut its allocation to equities from 70% to 60%. The funding trigger for this action was...
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.