International accounting standards for listed companies are riven by faultlines that are damaging for business, according to a group of UK pension schemes and long-term investors.
Responding to the True and Fair paper published by the government's Financial Reporting Council (FRC), the group - which includes the London Pensions Fund Authority, the Local Authority Pension Fund Forum...
This week's top stories included analysis suggesting the British Steel Pension Scheme could have a £2bn surplus, while the Treasury removed its controversial MPAA cut from the Finance Bill.
Members of master trusts will see greater protection as new rules for an authorisation regime and capital adequacy have been signed into law.
Royal Mail has offered its employees a cash balance defined benefit (DB) scheme as a compromise for closing its current career average DB scheme to accrual.
The question of the state pension age will not be answered before the snap general election, the Department for Work and Pensions (DWP) has told PP.