The government cannot "stand idly by" while accountancy standards send pension fund liabilities rocketing and undermine the economy, Steve Webb has said.
The pensions minister (pictured) gave a strong hint at the National Association of Pension Funds conference yesterday that he is considering intervening in the way defined benefit deficits are calculated....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point