Being 'economical' with the truth with discount rates

clock • 3 min read

Iain Clacher and Con Keating say there is much confusion over pension valuations and argue all the methods currently used are wrong. They say a pragmatic resolution could be to use the expected return on assets

Wilkinson and Curtiss's article ­- Death by discount rate: The fundamental flaws of the accounting approach to pension scheme valuation - produced a highly predictable Twitter-storm. This is unfort...

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