The trouble with snapshots - as any keen photographer will attest - is that it is very easy for them to be distorted and out of focus.
And it seems the Accounting Standards Board has admitted as much over FRS17. In its latest update on accounting for pensions, the ASB says: “Most would agree that single point values for assets and...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.