In our March 2017 Update we reported on the International Accounting Standards Board's (IASB's) proposed changes to IFRIC 14, the accounting standard which addresses the circumstances in which a pension scheme surplus can be recognised in a company's accounts.  At its meeting on 20 September, the IASB decided to perform further work to assess whether it can establish a more principles-based approach for assessing the availability of a refund of surplus rather than adopting the changes as originally proposed. 

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Rachel Rawnsley

Rachel Rawnsley

Partner, Head of Pensions
United Kingdom

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Jade Murray

Jade Murray

Partner, Pensions
United Kingdom

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Catherine McAllister

Catherine McAllister

Partner, Pensions
United Kingdom

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Rachel Uttley

Rachel Uttley

Partner, Pensions
United Kingdom

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