US - New compliance requirements under Financial Accounting Standards No.87 (FAS 87) and funding rules will require pension fund plan sponsors to make prudent assumptions when selecting discount rates and expected return on asset (ROA) valuations, according to a study by asset manager SEI.
The study provides plan sponsors with clear guidelines on selecting assumptions for compiling pension data for 2007 financial disclosures. Jon Waite, chief actuary for SEI's Institutional Group,...
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