The Actuarial Profession has suggested scheme actuaries be barred from advising companies on funding but stopped short of proposing an outright ban on actuaries working for both trustee and sponsor.
The proposed amendments to the Actuarial Profession Standards are outlined in a consultation paper on conflicts of interest, and will come into effect next April if approved. They will also prohibit...
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.