The pensions industry needs to move quickly to prevent new accounting rules making the future of surviving final salary schemes even more perilous.
The Accounting Standards Board is proposing to change the way scheme liabilities are calculated. Instead of the double-A corporate bond discount rate currently used, it believes liabilities shou...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
