LONDON--(BUSINESS WIRE)--Northern Trust (Nasdaq: NTRS) has launched a new Statement of Recommended Practice (SORP) reporting solution to help institutional clients navigate the new UK SORP reporting requirements. The latest development is aimed to support UK and Irish pension schemes in adhering to new SORP guidelines, which are effective for accounting periods starting on or after 1 January 2015 and require schemes to make disclosures about investment risk and fair-values, including changes to