As corporate treasurers get ready to publish their 2012 annual reports, we ask for one New Year’s resolution: get real on pension liabilities.
-Christian Stracke, managing director, PIMCO
- Companies should provide more granular information on both sides of their pension balance sheets, as well as use more realistic assumptions.
- A few companies have improved their disclosures in recent years, but in general the information available to investors is still far from what we need.
