Pension accounting standard FRS17 should be immediately suspended after the implementation of quantitative easing by the Bank of England, Baring Asset Management says.
The asset management firm said FRS17 should be suspended to avoid significant damage to corporate pension schemes and balance sheets. The BoE last week cut the base rate to an historical low of 0.5%...
Richard Wohanka is to chair The Pension Superfund's trustee board, working alongside professional firm 2020 Trustees to safeguard members' benefits.
Four people behind a £13.7m cold-calling scam which cost 245 people their savings have been banned from being pension scheme trustees by The Pensions Regulator (TPR).
The Pensions Administration Standards Association (PASA) has launched its latest round of guidance for guaranteed minimum pensions (GMPs).