Employers urged to consider accounting implications of bulk annuity deals

Research finds employers’ profits could face £70bn hit due to current accounting rules

Martin Richmond
clock • 1 min read
Employers urged to consider accounting implications of bulk annuity deals

Sponsoring employers of defined benefit (DB) schemes have been urged to consider the accounting implications of bulk annuity transactions in order to avoid a hit on their profits, research from XPS Pensions Group has shown.

The consultancy's analysis found due to the improvements in funding positions over the last 18 months, trustees of DB schemes have increasingly explored opportunities to carry out a bulk annuity tr...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Tender Watch: Northern Ireland LGPS appoints Isio as investment adviser

Tender Watch: Northern Ireland LGPS appoints Isio as investment adviser

Isio appointed as adviser to NI Local Government Pension Officers’ Superannuation Committee

Professional Pensions
clock 22 May 2025 • 1 min read
DWP responds to WPC report on DB pensions market

DWP responds to WPC report on DB pensions market

Government confirms it will consider PPF compensation changes and consult on trusteeship, accreditation and governance

Holly Roach
clock 01 May 2025 • 4 min read
Industry supports DB surplus release so long as clear parameters set, Aon finds

Industry supports DB surplus release so long as clear parameters set, Aon finds

Poll finds industry favours prudent thresholds and detailed consideration when it comes to future plans for surplus release

Holly Roach
clock 23 April 2025 • 3 min read
Trustpilot