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
