The Actuarial Profession has published a revised framework for use of discount rates in actuarial work following a two-year research and consultation project.
The professional body said it was making the changes in a bid to help actuaries, their clients and all those affected by actuarial calculations. Discount rates are crucially important to the calculation...
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.