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.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice