Better late than never

On 29 April the IASB published its proposals to revamp IAS 19, employee benefits, which “aims to make fundamental improvements to the recognition, presentation and disclosure of defined benefit plans by mid-2011. These improvements will make it easier for users of financial statements to understand how defined benefit (DB) plans affect a company’s financial position, financial performance and cash flows.”

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IPE editorial provides coverage of foreign pension funds’ experiences from which we can take ideas; we can also use it to share ideas regarding new and pioneering projects.

Ivonne Forno , CEO of Laborfonds