The funding level of defined benefit (DB) schemes in the Pensions Protection Fund's (PPF) 7800 index has improved on the back of rising gilt yields.
The lifeboat fund said deficits fell from £300.7bn in December 2014 to £265.8bn at the end of 2015. On a monthly basis deficits dropped 11% to £222.4bn at the end of December 2015 from £249.4bn 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.