The International Accounting Standards Board is set to stick by its decision to make firms include all gains and losses relating to their pension arrangements in the year they occur, PP can reveal.
The changes to accounting standard IAS19 - part of a major revision of the standard, which could be in place as early as 2011 - will mean company profits will reflect the actual return on scheme as...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date