Schemes concerned accounting SORP will drive costs 25%

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More than a fifth of schemes are worried an updated statement of recommended practice (SORP) for pension scheme accounting will result in a cost surge of more than 25%, research shows.

The study from Baker Tilly found schemes were divided over the most problematic issues, with a third pointing to the requirement for additional investment risk disclosures. Launched by the Pens...

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Natasha Browne

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