The Financial Reporting Council (FRC) has published amendments to FRS 102 to help clarify confusion over the impact of the new accounting standard.
Fears had been raised that FRS 102 would add liabilities to UK companies' balance sheets by forcing them to book their defined benefit (DB) pension obligations along the lines of IFRIC 14 IAS 19 - The...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.