The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.
It wants private companies with large defined benefit (DB) pension schemes to be subject to corporate governance rules that currently only apply to public listed companies. Also, it said company directors...
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.