The Trades Union Congress has called on the government to ban employers from passing on scheme consultancy charges to auto-enrolled staff.
TUC general secretary Brendan Barber described HMRC’s plans for employers to levy consultant fees from the staff pension pot as “completely wrong” and a cost that should fall on the business as a whole....
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.