The Treasury should ditch plans to use GDP expectations to set public sector pension discount rates because it "fundamentally misrepresents" pension economics, leading figures say.
In a letter to Chancellor George Osborne - signed by some two dozen pension academics and actuaries - former head of Boots corporate finance John Ralfe (pictured) said index-linked gilt yields shou...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
