Companies entering a longevity swap could get a "nasty surprise" if they do not consider the effect on their accounting position, Hewitt Associates warns.
Head of longevity and risk solutions Martin Bird said because longevity swaps were a new market, accounting standards do not specifically prescribe how to deal with them. And Bird said an extra year...
Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.
Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.
Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.
As a hectic 2018 draws to an end, Jonathan Stapleton wishes readers a quieter 2019.