PENSIONS
Amendments to pensions accounting could cost firms £10bn
29 Apr 2010 | 11:02
Proposals to amend accountancy standard IAS19 could cut the earnings of UK firms by as much as £10bn, accountants and actuaries warn.
Life and Pensions sales slump
Sales of UK life and pensions have slumped across the board as consumers limit insurance and savings to focus dwindling disposable incomes on debt.
11 Nov 2009 | 11:01
Buffett sued by pension fund
The Employees Retirement System of the City of New Orleans (NOERS) has sued Warren Buffett’s Berkshire Hathaway and Burlington Northern Santa Fe (BNSF) alleging Berkshire’s planned acquisition of BNSF discriminated other investors.
10 Nov 2009 | 15:56
Other news
- Standard Life pensions and life sales down 15%; Wrap assets up 76%
- Study revisits threat to workplace pension schemes from 2012
- Pension scheme exposure to equity drops below 50% for first time ever
- Automatic enrolment - major changes for employers in 2012
- Trust-based DC schemes due popularity surge before 2012
- Looking through the pensions transfer window
- DB buyout market continuing to surge
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Cazenove chief economist: Britain faces 'a nasty problem'
The Bank of England has focused too much on avoiding deflation at the expense of countering declining real incomes, according to Cazenove.
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