Equiniti taken a controlling stake in MyCSP after it boosted its share in the firm as the government reduced its stake in the company by 11%.
The firm now holds 51% of the shares, the government 24% and employees retain a 25% cut. When the service was part-privatised in 2012 as a "mutual joint venture", the government retained a 35% stake...
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.