IAS19 changes increase manufacturers' scheme bills by £200m

Jenna Towler
clock

Changes to accounting standards will hit the manufacturing industry with a £200m increase in finance costs, research suggests.

Analysis from Barnett Waddingham said increased costs associated with changes to IAS19 will swallow up 2.4% of FTSE350 manufacturers total profits. Barnett Waddingham head of corporate consultin...

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 Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

Consultancy warns schemes facing number of challenges following recent market volatility

Martin Richmond
clock 11 April 2025 • 3 min read
Charity DB schemes' positive funding levels to encourage focus on endgame planning

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
clock 10 April 2025 • 3 min read
DB transfer compensation drops in Q1, Broadstone finds

DB transfer compensation drops in Q1, Broadstone finds

But firm says if markets continue to fall, redress levels will likely rise back up

Holly Roach
clock 10 April 2025 • 1 min read
Trustpilot