The Investment Management Association has urged the government to consider the wider policy implications if pension liabilities are discounted using the risk free rate.
The trade body’s response comes as the Accounting Standards Board’s discussion paper proposes to replace to the double A corporate bond discount rate currently used with a risk-free rate of return, such...
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.