Proposed changes to international accounting standard IAS19 could wipe £8.7bn off reported company profits, Mercer warns.
The consultant said the International Accounting Standards Board had tentatively concluded at public meetings that the "expected return on assets" and "interest cost" finance charges for pensions s...
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