Accounting for Pensions
Fears grow over GMP equalisation hit on corporate profits
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Back to black: FTSE 100 schemes post accounting surplus for first time in decade
Pension schemes at the UK's 100 largest listed companies had a combined accounting surplus of £4bn at the end of 2017, Lane Clark & Peacock (LCP) analysis suggests.
Pension-related insolvencies could be prevented by more stringent accounting
IAS 19 is the accounting standard many sponsors use to make disclosures about their defined benefit schemes in their records. But a report from Lincoln Pensions argues IAS 19 is not good enough. Michael Klimes investigates.
De-risking has worsened deficits, says industry
The majority of respondents in this week's Pensions Buzz agree with Neil Woodford's investment firm that de-risking has worsened scheme deficits.
Are deficits starting to spook investors?
The cost and size of pension deficits are increasing which has consequences for trustees, company directors and shareholders. Michael Klimes asks if investors are starting to worry.
Trustees should take 'wait and see strategy' after Brexit
Trustees need to think about the consequences of Brexit according to PP research.
Scourge of the Modern Scrooge
Who should the ghost of Jacob Marley be haunting this Christmas?
Avoiding nasty SORPrises: a guide to accounting for pension schemes
Updated accounting practices could create headaches for pension schemes. Philip Briggs outlines what trustees need to know.
NAPF Investment Conference: Public pensions have bigger deficit than Greece
Lack of proper accounting across European public sector pension schemes is hiding the true extent of their liabilities, according to International Accounting Standards Board (IASB) chairman Hans Hoogervorst.
FRC clarifies FRS 102 position on pension obligations
The Financial Reporting Council (FRC) has published amendments to FRS 102 to help clarify confusion over the impact of the new accounting standard.
How proposed accounting rule changes could affect schemes and sponsors
Do proposed changes to accounting rules mean Armageddon for UK PLC
Accounting rule change could wipe £25bn off UK companies
Proposals to change how companies account for surpluses in their pension schemes could knock £25bn off the balance sheets of Britain's biggest companies, a consultant has claimed.
LCP: Shift to CDC unlikely as FTSE firms continue transition to DC
A shift towards collective defined contribution (CDC) schemes is "unlikely" as the trend towards defined contribution (DC) plans continues, LCP says.
LCP: FTSE100 firms seek alternatives to cash funding; contributions fall by £1.7bn
An increasing number of FTSE100 firms are seeking alternatives to straight cash funding, with 38 FTSE100 companies disclosing some form of security arrangements in their 2013 accounts, LCP research finds.
LCP: Wholesale shift to RPIJ will cut FTSE100 deficits by £20bn
If all the FTSE100 companies still using the RPI inflation measure in their pension schemes were to move to using RPIJ, the combined pension deficit could fall by up to £20bn, LCP says.
