Most people think savers will find it difficult to resist the urge to spend money earmarked for living costs in retirement when they are allowed to take pension pots as cash, research finds.
The study from Aviva found 61% of people think savers will need to practice more restraint in future, although 52% said they could be trusted to spend their pensions wisely in retirement. The survey...
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.