IASB proposals will cause short-term pain

clock

Defined benefit sponsors will welcome the International Accounting Standards Board's changes to IAS19, but will take a hit to profits in the first year, Price­waterhouseCoopers says.

PwC partner Andrew Evans (pictured) said the IASB’s proposal to move to a net interest approach for recognising costs on company balance sheets will see finance directors take an initial hit to pro...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Partner Insight: Unlocking the value of surpluses - The implications of Aberdeen's landmark deal

Bina Mistry and Mark Daniel at WTW
clock 14 January 2026 • 3 min read
PPF 7800 aggregate DB surplus rises by £2.1bn in December

PPF 7800 aggregate DB surplus rises by £2.1bn in December

Lifeboat fund’s 7800 Index shows surplus stood at £259.7bn at the end of 2025

Martin Richmond
clock 13 January 2026 • 2 min read
DB transfer compensation sees 'radical decline' in 2025

DB transfer compensation sees 'radical decline' in 2025

Broadstone DB Redress Tracker shows compensation has steadily fallen since peaking in Q1 2022

Martin Richmond
clock 12 January 2026 • 2 min read
Trustpilot