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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Five stories you may have missed this week
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
UK retirees outlive their savings by a decade, finds World Economic Forum
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Government must show leadership on AE
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustee accreditation process intended to launch on 1 July
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).