The corporate private medical insurance (PMI) market is "unsustainable" and "fundamentally broken" in its current format.
This is highlighted by some companies' premiums increasing by over 30% while others are unable to generate a return on investment, according to Barnett Waddingham. Speaking at Pensions and Benefits...
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.