The charge cap on defined contribution (DC) default funds risks incentivising short-term trading, the Law Commission has warned.
The government is set to review the cap in 2017 and the Law Commission wants this to include an assessment of the effects it has had on investment decisions. In its report, Fiduciary Duties of Investment...
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.