CPI shift may cut liabilities without providing windfall

clock

The shift to CPI indexation could cut scheme liabilities by 3% but may not result in a one-off profit windfall for firms, an accounting task force has proposed.

The Accounting Standards Board's Urgent Issues Task Force - the body which aims to resolve conflicting interpretations of accounting rules - issued a draft abstract on how firms should account for ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Industry reacts to TPR's annual funding statement

Industry reacts to TPR's annual funding statement

Industry thankful for clarity on some areas but expected more given geopolitical uncertainty

Holly Roach
clock 29 April 2025 • 7 min read
TPR publishes annual DB funding statement

TPR publishes annual DB funding statement

First statement published under new DB Funding Code

Holly Roach
clock 29 April 2025 • 4 min read
News Digest: Ministers threaten new pensions law if funds fail to honour UK investment pledge

News Digest: Ministers threaten new pensions law if funds fail to honour UK investment pledge

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 29 April 2025 • 1 min read
Trustpilot