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Discount rates must die (London)

When:
October 31, 2018 @ 8:30 am – 10:00 am
2018-10-31T08:30:00+00:00
2018-10-31T10:00:00+00:00
Where:
Staple Inn Hall
London WC1V 7QJ
UK
Cost:
Members/Non-members: £35.00 Students: Free
Contact:
IFoA Events Team
0207 632 1498
Discount rates must die (London) @ Staple Inn Hall | England | United Kingdom

Most DB pension space actuaries use compound interest over long periods. Since gaining his FIA, speaker Jon Spain has been (and remains) puzzled by how discount rates should sensibly be set (depending upon the purpose). Having tried to find a way of defining the problem using an off-market approach (as opposed to mark-to-market) for long-term entities, he eventually realised that using discount rates is actually the problem.

Should DB actuaries be using something else? Join him at this breakfast event and let him explain…

Wednesday 31st October, 08:30 – 10:00 (09:00 start).  Staple Inn Hall, London. £35 for members and non-members, free for students.  More details and registration via: https://www.actuaries.org.uk/learn-develop/attend-event/discount-rates-must-die