What happens when a scheme being wound up has a surplus? Can that surplus be refunded to the company? These are questions that cut to the heart of a more crucial debate: do pension surpluses count as assets of the employer?
These were some of the issues raised at the July meeting of the interpretation committee of the International Accounting Standards Board (IASB). The proposals mooted at this meeting have triggered a flurry...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.