FRS17 requires companies to account for pension assets and liabilities on the balance sheet. Obviously, this could have huge financial implications for business. Principal & Prosper will ensure everything is done to minimise the liability, whilst maximising the assets of the Scheme.
Is there a deficit in the company's pension scheme?
If so, will this have a negative effect on the company's accounts?
Are there processes in place to minimise liabilities to the company?
Is the investment of the fund as efficient as it should be?
