Accounting assumptions add 20% to FTSE liabilities

clock

FTSE100 companies' median liabilities jumped about 20% last year due to changes in accounting assumptions, Mercer research reveals.

The consultant's annual pension accounting assumptions survey revealed liabilities increased one-fifth as market conditions and the economic outlook led to companies changing their accounting assum...

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 Accounting

Schemes concerned accounting SORP will drive costs 25%

More than a fifth of schemes are worried an updated statement of recommended practice (SORP) for pension scheme accounting will result in a cost surge of more than 25%, research shows.

clock 01 April 2015 •

Analysis: Cash contributions fall as top firms seek alternatives

LCP research finds employers are looking for different ways to plug deficits

Jonathan Stapleton
clock 06 August 2014 •

Revised IAS 19 'slipping under the radar' says Aon Hewitt

UK companies need to take action to limit the impact of IAS 19, with only four months left until implementation, according to Aon Hewitt.

clock 03 September 2012 •
Trustpilot