THE ACCOUNTING Standards Board has published a set of guidelines designed to boost transparency of pension scheme reporting in company accounts.
The body – responsible for UK pensions accounting standard FRS17, which is used by non-listed UK firms – said that the reporting statement was intended to have “persuasive rather than mandatory force”....
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.