Accounting standards

The combined pension deficit of the 56 companies in the FTSE 100 that disclosed a deficit at their 2015 year-end was £42.3bn. Those same companies paid dividends totalling £53.0bn, some 25% higher....
More than 20% of pensions professionals responding to a recent survey fear that the new Statement of Recommended Practice (SORP) for pension scheme accounting could raise the cost of preparing...
UK companies with material defined benefit (DB) pension plans should review their plan rules and the accounting standard under which they report for UK tax purposes in 2015, says Mercer. The advice...
The proposed changes to pensions accounting standards, outlined by the International Accounting Standards Board (IASB) could take more than £25bn off the balance sheets of FTSE 350 companies and £1bn...
The average IAS19 discount rate for pension obligations has increased by 0.1 percentage point to 4.5%, the first increase since 2008, signalling a reverse in the trend for declining discount rates in...
 The accounting deficit of defined benefit (DB) pension schemes for the UK largest 350 companies reduced slightly during February according to Mercer’s Pensions Risk survey data. The estimated...
Funding levels of UK pension schemes suffered a major setback over the month of August as assets fell and liabilities increased. According to Mercer’s latest data, the estimated aggregate IAS19...
The combined IAS19 deficit of FTSE 100 companies’ pension schemes was £43 billion as at 30 June 2013 according to the 20th LCP annual Accounting for Pensions report. This compares to £42 billion last...
FTSE 100 company pension schemes have increased their longevity assumptions for their pensioners for the sixth consecutive year, according to data issued by Mercer. This individual increase alone is...
There was an aggregate accounting deficit of the FTSE 350's final salary pension schemes of £86bn on 28 August – the same as the previous month according to the Aon Hewitt 350 index. Simon Robinson,...