Round up - April 4
Accounting rule changes will see surpluses disappear; JP Morgan chief denies Bear Stearns cherry-picking claims; Interest rate cut 'odds-on' as economy weakens
Accounting rule changes will see surpluses disappear The Guardian Rules covering the calculation of pension deficits are set to be tightened. Proposed changes to accounting rules and increases in life...
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LCP: FTSE 100 scheme funding to fall by £100bn if accounting rules change
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
Exclusive: Smart Pension to consolidate Corpad Master Trust
Smart Pension has taken on over 20,000 active members from the £20m Corpad Master Trust, following a strategic review by the ceding firm's trustees.
USS 'obstructed whistleblower' in quest over 2017 valuation
The Universities Superannuation Scheme (USS) allegedly obstructed a whistleblower as she tried to discover the true value of the deficit in its defined benefit (DB) section, according to reports.
CTI launches long-awaited cost disclosure templates
The Cost Transparency Initiative (CTI) has launched a number of templates and guidance to help pension schemes deliver greater value for savers with enhanced disclosure of transaction cost information.