A ‘managed closure' of UK Coal following a £10m loan deal with the government will create ‘no further liabilities' for the Pension Protection Fund.
The lifeboat fund said it welcomed the news the government has been able to step in to support UK Coal in an orderly wind-down of its activities. But it said it was ‘unfortunate' that, following various...
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.