The deficit of schemes in the Pension Protection Fund (PPF) 7800 index has more than doubled year-on-year, the latest data has shown.
It rose from £80.3bn at the end of August 2013 to £170.8bn last month on an s179 basis, with the funding ratio slipping six percentage points to 87.6% over the same period. The deficit of all UK schemes...
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.