Employers could have to pay up to 10% more to buy out pension schemes after Solvency II regulations for insurers come in next year, says PwC.
Top stories on PP online this week include the merger of Just Retirement and Partnership, the rejection of upfront tax relief, and a 50% drop in deficit contributions.
Workers believe the tax treatment of pensions is too complex and would welcome switching to a system that treats pensions like ISAs, according to research from PwC.
PwC has made four promotions within its pensions and investment team.
Senior bankers found guilty of misconduct could face their bonuses being clawed back up to ten years after award following a major stiffening of rules by financial regulators.
The Pensions Regulator's (TPR) executive director for defined benefit (DB) Stephen Soper is set to depart for PwC after more than six years at the regulator.
As the government unveils plans that would effectively force local government pension funds to pool their investments, Stephanie Baxter looks at what could be in store.
The pensions industry has welcomed the wide ranging consultation on pensions tax relief launched today, but warned of the dangers of conflating pensions and ISAs.
Supermarket giant Asda has chosen PwC to provide pension accounting services using Skyval for its defined benefit (DB) scheme.
EY has appointed Karina Brookes as director to lead its pensions covenant advisory team in London.