What happens when a scheme being wound up has a surplus? Can that surplus be refunded to the company? These are questions that cut to the heart of a more crucial debate: do pension surpluses count as assets of the employer?
These were some of the issues raised at the July meeting of the interpretation committee of the International Accounting Standards Board (IASB). The proposals mooted at this meeting have triggered ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
