UK companies need to take action to limit the impact of IAS 19, with only four months left until implementation, according to Aon Hewitt.
New accounting standards are to come into place in January 2013. Aon Hewitt principle Simon Robinson said revised IAS 19 is "slipping under the radar of many financial directors" while companies continue...
More than a fifth of schemes are worried an updated statement of recommended practice (SORP) for pension scheme accounting will result in a cost surge of more than 25%, research shows.
LCP research finds employers are looking for different ways to plug deficits
The widening range of inflation assumptions and discount rates used in pension scheme accounting could cause a headache for investors, warns a consultant.
The European Union has endorsed revised accounting standards for schemes which will cut UK firms' reported profits by £10bn and could trigger an increase in de-risking.
FTSE100 scheme liabilities remained static over 2011, Barnett Waddingham says.