BT could see its pension deficit increase by £4.2bn if Accounting Standards Board proposals are implemented, John Ralfe warns.
In a report for RBC Capital Markets, the independent pensions consultant said the telecommunications firm would see its deficit soar from £400m to £4.6bn under the standard setter’s rules, which would...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.