Inflation could return to the Bank of England's (BOE) 2% target by the end of the year if oil prices stabilise at current levels, according to Hermes Investment Management.
But the base rate is unlikely to move above 0.5% before 2016, keeping gilt yields at the low levels that have contributed to a persistent rise in defined benefit (DB) scheme deficits. Consultants at...
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.