The revised IAS19 standard is set to shake-up the pensions industry and close the gap in accounting between the US and Europe, as Helen Morrissey reports
Helen Morrissey asks how revisions to the IAS19 standard will challenge European schemes and employers, and examines the global implications of the changes
UK - Scheme trustees must ensure their scheme does not slip down the priority order of creditors after company debt repayments doubled year on year, consultants warn.
Scheme trustees must ensure their scheme does not slip down the priority order of creditors after company debt repayments doubled year on year, consultants warn.
Despite buyout pricing appearing to be attractive once again, are schemes really in a position to take advantage of this or will 2011 be another missed opportunity?
Scheme sponsors are expected to take advantage of "enhanced buy-ins" to significantly reduce the cost of buy-ins, industry figures say.
UK - Strong asset gains and the closure of defined benefit schemes have made pensioner buy-in prices their most attractive since 2008, according to LCP research.
GLOBAL - Here it is. Global Pensions' summary of what changes to accounting standard IAS19 could mean for both sponsoring employers and pension schemes.
Here it is. Professional Pensions' summary of what changes to accounting standard IAS19 will mean for both sponsoring employers and pension schemes.
The International Accounting Standards Board has published a "near final" draft of its revised pension accounting standard IAS19 - confirming key changes that could see £10bn wiped off UK company profits.