Employers understand group income protection (GIP) best when receiving financial advice, but otherwise ignorance is widespread, according to Canada Life statistics.
Over two fifths of employers who used a financial adviser or employee benefits consultant as their main source of information believed they had a good understanding of income protection. In contrast...
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.