Pensions minister Steve Webb has again vowed to clamp down on companies offering a "bung of cash" to staff who give up defined benefit pensions.
The practice involves sponsoring employers offering workers an enhanced transfer value if they switch to defined contribution arrangements. Answering questions in the House of Commons yesterday, Webb...
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.