THE ACCOUNTING Standards Board is set to amend pensions accounting standard FRS17 in a bid to bring it more in line with international conventions.
The regulatory body – which is responsible for issuing all UK accounting standards – said the changes would bring FRS17 closer into line with the international accounting standard IAS19, which is used...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.