A former member of the Bank of England's (BoE) Financial Policy Committee (FPC) has dismissed the current strategy of forward guidance, saying it is not what the market wants.
Speaking at the Hermes Investment Conference, former FPC member and current lecturer at London Business School Robert Jenkins said the three things the Bank can offer are clarity, certainty and credibility....
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.