FRRP publishes pensions review results

The Financial Reporting Review Panel has published the results of its review into disclosures of defined benefit pensions schemes.

The review considered the pension disclosures of 20 listed groups that prepared their December 2005 accounts under International Reporting Standards (IAS 19 'Employee Benefits') and of ten large private companies that prepared their accounts under UK GAAP (Financial Reporting Standard 17 'Retirement Benefits').

Continued...