Firms have just four months to take action to limit the impact of revisions to accounting standard IAS19, Aon Hewitt says.
The consultant said changes to IAS 19 – which come into force in January next year – mean that companies will no longer be able to record a profit on the expected return on their pension scheme investments....
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.