Hi, There is a statement in the notes that "Risks to the employer are mitigated by use of non-cash or contingent assets to reduce the level of cash contributions required." What is meant by this?
Hi Barney The final two paragraphs of Section 3.3 of Chapter 6 explain the statement you mention (which is in the chapter summary?). Do let us know if there is a particular aspect of this issue that you would like us to clarify.