LCP: FTSE 100 scheme funding to fall by £100bn if accounting rules change
Potential changes to accounting standards and increased pressure on companies to accelerate contributions could worsen FTSE 100 scheme funding by up to £100bn, according to Lane Clark and Peacock (LCP).
According to the consultancy's 26th update of its Accounting for Pensions report unveiled today, a quarter could be hit by £1bn each if this were to be the case. It comes as the International Accounting...
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