All pension scheme accounts with year ends of 31 December 2015 onwards should be prepared under the new Pensions SORP. However, further changes are likely with a consultation document, suggesting a revision to the fair value hierarchy, bringing it into line with the FRS 102 levels used for other financial institutions.
Pension review service - Publications
Keeping up with changes to the annual and lifetime pension allowances may not be top of your agenda but they could have a critical impact on your future retirement. Here’s a quick guide to the key issues you need to be aware of.