Administration June 1, 2005
New UK Data Tracks FRS17 Pension Effects
January 30, 2003 (PLANSPONSOR.com) - Consulting
actuaries Punter Southall & Co. have launched a UK
Web-based database, which will allow financial advisors and
investment analysts to compare pensions liabilities of the
UK's leading companies under FRS 17 accounting
rules.
Reported by Fred Schneyer
The introduction of FRS 17 accounting rules will make
certain that pensions deficits and surpluses are reflected
on company balance sheets, and companies are being
encouraged to adopt the requirements now, despite the
standard being formally
deferred to 2005
.
Punter Southall’s database will show how FTSE 100 companies
are faring under the FRS 17 accounting rules, and will also
provide access to information on changing investment
strategies and funding levels.
The database can be viewed on a
Punter Southall Web site
.