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 by shifting certain...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.