Cookson has transferred £50m of liabilities out of its defined benefit scheme through an enhanced transfer value exercise.
The materials science firm's half yearly report - published today - revealed the offer to transfer was ultimately taken up by 550 scheme members. It said the exercise - announced earlier this year (PP...
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.