 |
|
|
2008 |
2007 | ||
|---|---|---|---|---|
| ||||
|
As at 1 January |
1,721 |
2,178 | ||
|
Transferred to the income statement1 |
(806) |
(438) | ||
|
Actuarial gains/(losses) on defined benefit pension schemes transferred from the SORIE |
8 |
(16) | ||
|
Foreign exchange adjustments |
(10) |
(3) | ||
|
As at 31 December |
913 |
1,721 | ||
It is intended that the with-profits part of the LTF will be managed on the basis that it will remain open to new business and therefore there is no expectation of any distribution from the inherited estate.