UK - The FRS17 discount rate used by UK pension funds to assess their pension obligations is "flawed" and will lead to an over-estimation of true pension deficit in company accounts, according to new research by SEI Investments (Europe).
SEI has proposed a new discount rate that it says would reduce FTSE 100 FRS17 pension deficits to zero. In a research paper “The failings of FRS17 and the impact of pensions on the UK stock mark...
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