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Looking Behind the Numbers

Three separate initiatives are winding their way through Congress, the Department of Labor and FASB, calling for more detailed information from pension plan sponsors

By Dave Lindorff | Updated on June 01, 2008

Transparency is the watchword as a series of reform measures relating to pensions work their way through Congress, the U.S. Department of Labor and the Financial Accounting Standards Board (FASB). While it’s not clear whether any of these changes will happen this year, it is certain that more disclosures–and more expenses–are on the way for pension fund sponsors. FASB’s new disclosure rules, now in the comment period, would require a more detailed breakdown of asset classes and risks by sponsors.

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