Here it is. Professional Pensions' summary of what changes to accounting standard IAS19 will mean for both sponsoring employers and pension schemes.
The main changes are as follow: 1. Scrapping of the use of expected return on assets Under international accounting rules, companies can currently record a "profit" each year equal to the expected,...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.