FASB gives green light to pension disclosure plan

Newswire

NEW YORK, Aug 20 (Reuters) - U.S. accounting rulemakers on Wednesday gave the green light to a proposed rule that would provide investors with more information on corporate pension plans, a spokeswoman for the board said. The Financial Accounting Standards Board, which sets accounting rules in the United States, instructed its staff to draft a new rule that would force companies to disclose, among other things, where their pension assets are invested and provide some pension data on a ...

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