The Pensions Ombudsman (PO) has dismissed a pensioner complaint against the GE Scheme after it stopped discretionary increases to inflation.
In 2010, the company and the trustee of the GE Pension Plan and the GE Supplementary Pensions Scheme put a halt on discretionary inflation rises for certain members on benefits accrued before April 1997....
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.