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Beware pension maze, warns CFDG
By David Ainsworth, Third Sector Online, 12 May 2008
Many UK charities face serious financial risk relating to pensions, a report from the Charity Finance Directors' Group has warned.
The report, The 2008 Charity Pension Maze , says pensions pose charities serious valuation, governance and organisational issues. The report warns that the Accounting Standards Board and the Pensions Regulator have both suggested using much more conservative methods of pension valuation to accurately assess the risk and longevity of schemes....
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