Trustees of multi-employer defined benefit (DB) schemes may come under added pressure from sponsors due to changes in the Generally Accepted Accounting Practice in the UK (UK GAAP).
Participants in multi-employer DB schemes can currently be exempt from accounting for a DB deficit on their balance sheets if it could not be easily apportioned. Contributions to schemes are only listed...
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
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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.