Pensions minister Steve Webb has pledged to conduct a review of pensions decumulation.
In a speech at a fringe event at the Liberal Democrat conference, Webb pledged to set up an "annuities task force" and look into new ways for scheme members to draw down their savings, the Telegraph reports....
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.