The Financial Services Authority has issued a warning to consumers over pension reciprocation plans and other pension unlocking schemes.
PRPs involve investors under 55 transferring their pensions to an overseas master pension. The provider then loans the individual 50% of the value of their pension fund from another master pension,...
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.