KPMG

The Financial Reporting Council (FRC) has published a "significant amendment" to auditing standards, aimed at improving transparency of financial statements.

Asset-backed funding (ABF) arrangements are reaching new levels as the industry saw £700m worth of deals in the six months from September 2012, research from KPMG shows.

Orthopaedic firm Smith & Nephew has entered into a buy-in with Rothesay Life for its two defined benefit (DB) schemes covering £190m of liabilities.

Pensions liabilities have risen by 60% over the last five years, compared to a 40% rise in assets, according to KPMG research.

The First Quench Pension Fund has secured a £160m buy-in that will keep the 2,000-member scheme out of the Pension Protection Fund (PPF).

The Financial Reporting Council (FRC) has launched two investigations into the conduct of KPMG Audit.

Here they are - the winners of the UK Pensions Awards 2013.

Local government pension scheme (LGPS) deficits are estimated to have doubled since 2010 to over £80bn, according to KPMG analysis.

The Chamber of Shipping Retirement Benefits Plan has completed its second buy-in this year, paving the way for a full buyout of the scheme.

Troubled clothing retailer Peacocks has seen its scheme deficit increase by 73% as the scheme undergoes assessment to enter the Pension Protection Fund.