All pensions accounting articles
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NewsSwiss pension funds facing negative discount rates
Company pension schemes may need to use negative rates to discount liabilities – mean obligations could rise by around 15%
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FTSE 350 discount rates more bunched around average – report
Hymans Robertson suggests greater bunching an effect of tougher oversight, higher yields
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XPS: UK schemes sitting on £260bn accounting ‘black hole’
Difference between accounting numbers and long-term assumptions is increasing, according to XPS’s annual survey
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FRC board warns over government delays to budget sign-off
Delays to agreeing the audit regulator’s budget for 2019-20 could hamper work on the transition to the Audit, Reporting and Governance Authority
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Life expectancy will continue to fall in 2019: KPMG
Longevity swap contracts could be ‘out of the money’ given major shifts in data on life expectancy, warns accountancy group
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UK companies to keep EU accounting standards post-Brexit
Government proposes powers to adopt EU-led standards beyond the UK’s exit from the bloc
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UK to replace audit regulator after damning review
Investors voice support as Kingman review to be enacted by government
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UK audit inquiry reignites ‘illegal dividends’ dispute
UK and international rules on distributable reserves have ‘inconsistencies’, accountancy body admits, reigniting long-running debate
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Accounting roundup: IASB vice-chair flags insurance asset concerns
Plus: FRC sets out 2019 priorities; Sharon Bowles grills government over accountancy conflicts
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Former ECON chair Sharon Bowles on the EU’s financial crisis response
Short selling rules were ‘probably the worst legislation’ during the crisis years, says former MEP
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Independent review considers calls for UK audit regulator to be shut down
Local authority pension schemes reiterate criticisms of Financial Reporting Council in submission to Kingman review
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Audit regulator criticises DB accounting standards [updated]
DB liabilities could rise after Financial Reporting Council’s review, consultant warns
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Accounting, de-risking moves bolster Swiss pension plan funding
Liabilities fell by CHF3.6bn while investment returns added CHF900m.
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Accounting body delays work on DB surplus refund rules
International Accounting Standards Board wants its work on the controversial rule aligned with research into DC schemes
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Former MEP says ‘fatally flawed’ FRC should be shut down
Sharon Bowles argues for new accounting body as independent review begins
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Pressure building on UK audit regulator’s leadership as inquiry begins
Sir John Kingman has begun gathering evidence for his review of the Financial Reporting Council
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FTSE 100 companies report first pension surplus in 10 years
Changes to longevity and discount rate assumptions among main reasons for rise
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UBS proposes alternative approach to liability calculations
Actuaries supportive but call for more work on ‘deficit repair’ idea
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‘Toothless’ accounting watchdog to face wide-ranging governance probe
Former Legal & General chairman Sir John Kingman will lead review of FRC’s governance, conflicts of interest and accountability
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Tesco halves pension deficit through accounting change
£3bn wiped off DB scheme shortfall after an update to its discount rate model
