Over regulation and being seen to "do the right thing" has overshadowed the only important thing to trustees - the employer covenant, a consultant says.
Consultant Hamish Wilson told delegates at the PP Show regulation codes of practice and the desire to live and die by ‘best practice' were crippling pensions and urged trustees to reassess their priorities....
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.