Revised IAS19 regime to boost de-risking
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.
The organisation announced last week that all EU listed companies would have to adopt the IAS19R measure for accounting periods starting on or after 1 January 2013. The updated standard requires assets...
More on Accounting
Schemes concerned accounting SORP will drive costs 25%
More than a fifth of schemes are worried an updated statement of recommended practice (SORP) for pension scheme accounting will result in a cost surge of more than 25%, research shows.
Analysis: Cash contributions fall as top firms seek alternatives
LCP research finds employers are looking for different ways to plug deficits
Revised IAS 19 'slipping under the radar' says Aon Hewitt
UK companies need to take action to limit the impact of IAS 19, with only four months left until implementation, according to Aon Hewitt.
Concern over growing range of accounting assumptions
The widening range of inflation assumptions and discount rates used in pension scheme accounting could cause a headache for investors, warns a consultant.
FTSE100 liabilities stand still over 2011
FTSE100 scheme liabilities remained static over 2011, Barnett Waddingham says.