GLOBAL - Exclusive research carried out by Global Pensions has revealed a significant split in how pension funds across the globe view current accounting standards.
Some 48% of the Global Pensions 100 Panel were happy with the current system, where assets are marked to market and liabilities are a (bond discounted) present value. However, a significant 41%, said...
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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.