Legal & General (L&G) has posted an operating profit growth of 10% for the last year following a strong performance of its retirement division.
The group posted operating profits of £1.28bn - up from £1.16bn in 2013. Its pre-tax profit increased by 8%, from £1.14bn to £1.24bn. L&G's retirement division saw the biggest growth after profits increased...
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.