Trustees and schemes are at risk of significant problems because administrators are withholding information, according to advisers.
Incoming administrators sometimes fail to provide promised data audits and due diligence when taking on new scheme clients, instead prioritising larger transactions, Spence and Partners warned. Legacy...
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.