UK - Some companies will be forced to wind up their pension scheme as an alternative to suspending dividends, former Labour minister Frank Field warns.
He claims current accounting rules make companies with large pension scheme deficits look healthier than they really are – in a similar way that off balance-sheet vehicles bolstered the accounts of...
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
