Proposals to change how companies account for surpluses in their pension schemes could knock £25bn off the balance sheets of Britain's biggest companies, a consultant has claimed.
According to research by Aon Hewitt, FTSE 350 companies will see their balance sheets diminished by billions if they are no longer allowed to include pension surpluses as assets. The International...
The top stories this week were the High Court's decision to block the £12bn annuity transfer from Prudential to Rothesay Life, and a separate court ruling that 'raises the bar' for pension rectification exercises.
Guaranteed minimum pension (GMP) equalisation has soared to the top of pension schemes' to-do lists, with 58% stating it is a priority project, research from Equiniti has revealed.
Professional Pensions is holding its defined contribution (DC) conference on 4 September.