Improvements to Presentation and Disclosure of Investments for Pension Plans

The proposals in this Exposure Draft would:

• require pension plans to provide the disclosures required by IFRS 13 Fair Value Measurement in Part I of the Handbook;
• introduce requirements to disclose the nature and extent of a pension plan’s interests in investment vehicles (other than master trusts) and the associated risks;
• amend the presentation of administrative expenses to include two categories – “investment expenses” and “pension administration and other expenses”;
• introduce a definition of “investment expenses” and require disclosure of the nature of investment expenses; and
• introduce qualitative disclosure requirements regarding what investment income types include embedded investment expenses and the details of those embedded investment expenses.