Amendments to Section 4600 – AcSB
At its meeting on February 23, 2022, the AcSB approved a communications and outreach plan for the upcoming Pension Plans exposure draft. The Board intends to engage in targeted consultation activities with industry and regulatory groups and hold general roundtable discussions for all pension stakeholders. The AcSB also discussed other topics its Pension Plan Working Group raised, which are broader in scope than those addressed in the upcoming exposure draft. These included valuation of defined benefit obligations, presentation of investment management fees and investment disclosures. The Board will discuss how to prioritize these topics in the context of its other domestic standard-setting agenda at its March 2022 meeting.
Review the Executive Summary on the AcSB's Web site.