EUROPE - A new report has warned Europe's biggest companies to inject cash into their pension funds now or face a hefty bill once the international accounting standard (IAS) has been brought into line with UK equivalent FRS17.
According to the report by US investment bank Morgan Stanley, many European blue-chips should begin meeting pension costs or risk a “leaking vat” in their accounts with potentially millions being d...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
