Research finds employers’ profits could face £70bn hit due to current accounting rules
Partner promotions come as part of 160 promotions at XPS across the UK
Companies could be overstating their pension liabilities by up to £60bn due to their life expectancy assumptions, according to XPS Pensions Group.
XPS Pensions has revealed that the gap between pension obligations reported in companies’ accounts and the long-term funding strategies that drive cash demands is continuing to grow.
More than a third of pension schemes have appointed or are considering appointing an IFA to support their members, XPS Pensions Group research has found.