Despite years of inadequate pensions reporting by UK companies, actuaries are bemoaning the imminent introduction of a new accounting standard on corporate pension disclosure. Now we hear that the Accounting Standards Board and various actuaries’ representatives have exchanged a few brusque words concerning the inception of the new standard, FRED 20. Here at TS we thought the kerfuffle might have something to do with the complexities and additional paper work that this new rule required. But, apparently not. After making deeper inquiries, TS noticed that FRED 20 will dramatically reduce the amount of work for actuaries. Their moaning is coincidence, we’re sure.
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The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast