Taylor Wimpey has seen shortfalls in its two defined schemes grow by £65m over the last year despite making deficit recovery payments of £46m.
The house builder said in its half year results, published today, that the increase was predominantly caused by a drop in discount rates used and was a "short to medium term consideration". Earlier...
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.