Labour pensions spokesman Gregg McClymont has stepped into the debate on charges and set out 10 principles he believes will "end rip-offs in private pensions".
He supported pensions minister Steve Webb's attack on high charges yesterday (PP Online, 23 July) but called on the government to "stop talking and start acting". "In the ongoing industry negotiations...
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.