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”....
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.