UK - The issue of whether a pension plan's accounts should be consolidated with those of the sponsoring company needs to be addressed, said the Accounting Standards Board.
In a discussion summary on the project related to the accounting for pensions, the ASB noted that the current standards simply duck the issue of consolidation. “The question that needs to be ask...
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
