The International Accounting Standards Board has published an exposure draft of proposed amendments to IAS19, dealing with how pension costs are recorded in company accounts.
Firms will now be required to account immediately for all estimated changes in the cost of providing benefits and all changes in the value of plan assets. Industry experts believe this could cost firms...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.