Debt Management Office chief executive Robert Stheeman discusses the impact of shrinking annuity sales on the UK gilt market.
Stheeman says the effect in the short to medium-term will be minimal as the bulk of demand will continue to come from defined benefit schemes. In the longer term, Stheeman predicts that a retail market...
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.