FTSE 350 FAIL TO DISCLOSE EXTENT OF PENSION LIABILITIES

摘要

The level of current pension disclosure in annual reports and accounts under IAS 19 Employee Benefits is inadequate and leaves investors struggling to assess the level of underlying risk, warns Lincoln. Pensions. Around two-thirds (67%) of companies in the FTSE 350, with defined benefit (DB) pension scheme assets totalling £332bn, do not disclose the deficit or surplus position of their DB schemes relative to the actual funding target which drives company funding contributions.