Employers urged to consider accounting implications of bulk annuity deals

Research finds employers’ profits could face £70bn hit due to current accounting rules

Martin Richmond
clock • 1 min read
Employers urged to consider accounting implications of bulk annuity deals

Sponsoring employers of defined benefit (DB) schemes have been urged to consider the accounting implications of bulk annuity transactions in order to avoid a hit on their profits, research from XPS Pensions Group has shown.

The consultancy's analysis found due to the improvements in funding positions over the last 18 months, trustees of DB schemes have increasingly explored opportunities to carry out a bulk annuity tr...

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