The Liberal Democrat manifesto will commit to making the state pension triple lock law, boosting the benefit by at least £790 a year by 2020, says pensions minister Steve Webb.
The triple lock was introduced by coalition government in 2010 and guarantees the state pension will increase by the higher of consumer prices index (CPI) inflation or average earnings, with a 2.5% floor....
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.