The results of the first European-wide stress tests reveal the current macro-economic environment poses huge challenges for defined benefit (DB) schemes as they grapple with low rates and longevity increases.
The stress tests carried out by the European Insurance and Occupational Pensions Authority (EIOPA) showed a prolonged period of low interest rates would test the resilience of schemes. The EU watchdog...
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.