Consultants see IAS19 'sticking plaster' as important first step

By 25 August 2009

Consultants see IAS19 'sticking plaster' as important first step

[15:30 CEST 25-08] GLOBAL - Pensions and investments consultants have expressed general support towards a what is described as a "sticking plaster" move by the International Accounting Standards Board (IASB), allowing companies to discount defined benefit post-retirement obligations against a government bond rate where they cannot comply with existing rules.

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