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Would lose marks for switching post retirement discount rates using...

E

Ella007

Member
For a (say) 0.5% decrease in discount rates, would you lose marks for switching the post retirement liability as follows:

30 x (1.005)^14

Rather than:

30 x 1.14^0.5

I use the first method daily and it breaks my concentration having to use the 2nd method, which is typical in the examiners reports..

Many thanks!
 
Basis switching

Hi Ella007

I'd be very surprised if you were to lose marks for this ...

... but as I don't write the schedules I couldn't guarantee it!

Best wishes
Stuart

Stuart Underwood
ActEd Tutor
 
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