Amendments to IAS19 could cost businesses £10bn

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Proposals to amend accountancy standard IAS19 could cut the earnings of UK firms by as much as £10bn, accountants and actuaries warn.

KPMG said the changes - announced today - would hit UK businesses' earnings by about £10bn and have an impact of over £50m per annum on employers with the largest pension schemes. Pensions partn...

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