Our latest special report details market movements over the 6 month period to 30 September 2015, and how this impacts the key financial assumptions required for determining pension liabilities under FRS17, FRS102 or IAS19.
Major asset classes have performed poorly over the 6 month period to 30 September 2015. However, depending on your schemes’ investment strategies, any loses from investment returns may well have been more than offset by decreased balance sheet liabilities, resulting from higher bond yields. To help draw attention to the practical implications, the effect on a typical scheme is illustrated.
We also review recent developments in the arena of pensions accounting, highlighting issues that may be of interest.