NAMES FRS102 Impact

Currently, under FRS17 employers that are unable to identify their share of a pension scheme’s assets and liabilities, such as in a defined benefit (DB) non-associated multi-employer scheme like The Pensions Trust, are able to account for its liabilities on a defined contribution (DC) basis.

Our briefing note sets out recommendations for any employers who might be impacted by the changes when FRS102 takes effect.

For further information on this please read our latest briefing note.