The Pensions Regulator (TPR) and Pension Protection Fund (PPF) are investigating the pre-pack insolvency of Astracast over concerns the firm's owner has dumped its scheme on the lifeboat fund.
The firm, formerly known as Jacuzzi UK, was the principal employer of the Jacuzzi UK Retirement Benefit Scheme, which entered PPF assessment in February, with a deficit of approximately £51m on a funding...
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.