UK - The national smoking ban in public places, which is expected to add £20bn to company pension deficits, could pressure the International Accounting Standards Board (IASB) to push for mortality rate assumptions to be disclosed by companies reporting under IAS17.
Kevin Wesbroom, pensions consultant at Hewitt Associates, said social policy changes such as the smoking ban highlight the need for the IASB to enforce such a requirement. Companies are not current...
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