The number of pension schemes using market value as a basis for valuation has risen dramatically from one per cent to 45% in the last three years, according to research by PricewaterhouseCoopers. The survey comes as a new accounting standard for valuing company pensions is set to be introduced. Actuaries claim that although the new standard, FRED 20, which uses market value, will improve company disclosure, it will also increase complexity and market volatility.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.