Pension fund trustees are increasingly responsible for managing risk, but lack the skills to do, according to research by a pension consultancy.
The Trustee Barometer, commissioned by Hymans Robertson, found that almost one third of the trustees surveyed believe "having a clear understanding of scheme risks and when to de-risk" is the biggest challenge...
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.