OECD urges IASB to review scheme definitions

clock •

The Organisation for Economic Co-Operation and Development has encouraged the International Accounting Standards Board to review the definition of DB and DC plans as they relate to international accounting standards.

In its response released yesterday to an exposure draft of proposed changes to IAS 19, the OECD said, "Some OECD member countries feel that the current definitions do not fit well in the context of...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Author spotlight

Raquel Pichardo-Allison

View profile
More from Raquel Pichardo-Allison

A glimpse into our archives

TRS hands $6bn to KKR and Apollo, grows strategic partners programme

More on Defined Benefit

SPP publishes surplus release paper
Defined Benefit

SPP publishes surplus release paper

Paper covers risk of releasing surplus, conflicts of interest and funding levels

Jasmine Urquhart
Jasmine Urquhart
clock 13 November 2025 • 4 min read
Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?
Defined Benefit

Partner Insight: DB pension schemes - Is investing like an insurer easier said than done?

The UK government’s Pension Schemes Bill opens the door to more flexible treatment of defined benefit pension scheme surpluses. Now, the question for many trustees and finance teams is: Could running-on their scheme work for the benefit of its members and the sponsor – and if so, how?

M&G Investments
clock 13 November 2025 • 4 min read
Partner Insight: Fiduciary management - Adding bright sparks to your scheme
Defined Benefit

Partner Insight: Fiduciary management - Adding bright sparks to your scheme

Appointing SEI as fiduciary manager gave the trustees of the Schneider Electric pension schemes the confidence and the agility needed to guarantee member benefits. Richard Taylor, Pensions Manager at Schneider, explains the advantages.

SEI Investments
clock 13 November 2025 • 5 min read
Trustpilot