ASB given 'swap' alternative to 'risk free' discount rate

ASB given 'swap' alternative to 'risk free' discount rate

[13:16 CEST 15-07] UK – Pension fund associations have urged the Accounting Standards Board (ASB) to revise plans to introduce 'risk-free' discount rates for pension liabilities, and instead look at swap rates combined with a "sustainable" corporate bond spread.

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