Increasing numbers of employers are considering Pension Increase Exchange exercises (PIES) as the Code of Practice for Incentive Exercises has gained acceptance, say consultants.
Mercer partner Matthew Demwell said sponsors had become wary of the practice because of the bad press it received in the past. He added: "Some employers have come back to look at them again because...
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.