Hertfordshire council pension fund has outsourced its pension administration and payroll operations to the London Pensions Fund Authority in a deal set to save the fund £1.6m.
LPFA will provide the third-party services to Hertfordshire County Council for the next eight-years after winning the contract through a formal tender process last year, replacing outsourcing firm Serco....
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.