ACCOUNTING standards should be changed to reflect future scheme administration costs, PricewaterhouseCoopers urges.
The financial services firm said current rules included no allowance for scheme running costs under an actuarial valuation. Costs are paid for on a year-by-year basis from ongoing contributions. But...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.