FTSE 100 companies are in danger of sleepwalking into reporting an unnecessary £26bn of pension liabilities in their accounts, Hewitt Associates warns.
The consultant said the additional amount relates to the differing assumptions used by companies and trustees in predicting the life expectancy of the members of UK's largest defined benefit pension funds....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers