Pension-related insolvencies could be prevented by more stringent accounting

Michael Klimes
clock • 7 min read

IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.

At a glance A pension scheme can potentially bankrupt the underlying sponsor  Company records based on IAS 19 standards do not give sufficient information to stakeholders  A more robust f...

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