FRC calls for QE-friendly discount rates

UK pension schemes battling against rising liabilities in the current low interest-rate environment have received a boost from the country’s accounting watchdog

UK pension schemes battling against rising liabilities in the current low interest-rate environment have received a boost from the country’s accounting watchdog.

The Financial Reporting Council wants schemes to be able to use alternatives to the traditional method of calculating liabilities, according to a letter sent to the Department for Work and Pensions.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line