The Financial Reporting Council (FRC) has launched a crackdown on companies using asset-backed contribution structures (ABCs) that reclassify pension obligations as equity instruments in their accounts.
The watchdog said it had intervened with several companies that had structured ABCs in this way, and in each case the company had revised either the structure or the valuation of the arrangements. It...
As the CMA gathers evidence for its investigation into investment consultants and fiduciary managers, Stephanie Baxter asks if there is a systemic problem in the industry
Universities UK (UUK) has proposed ending future accrual of defined benefit (DB) promises and transferring members to the existing defined contribution (DC) plan.
The bridging pension anomaly faced by the Pension Protection Fund (PPF) will be removed under plans unveiled by the Department for Work and Pensions (DWP).
Zuhair Mohammed has been appointed as a partner at Lane Clark & Peacock (LCP) to expand its investment team.