Accounting rule change could wipe £25bn off UK companies

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Proposals to change how companies account for surpluses in their pension schemes could knock £25bn off the balance sheets of Britain's biggest companies, a consultant has claimed.

According to research by Aon Hewitt, FTSE 350 companies will see their balance sheets diminished by billions if they are no longer allowed to include pension surpluses as assets.  The Internatio...

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