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Discount Rates for Pension Liabilities & Provisions

FRAB (60) 7: Discount Rates for Pension Liabilities and Provisions: Future Approach

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FRAB (60) 7: Discount Rates for Pension Liabilities and Provisions: Future Approach

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FRAB (60) 7: Discount Rates for Pension Liabilities and Provisions: Future Approach

Disclosure

The disclosure consists of a paper submitted to the Financial Reporting Advisory Board (FRAB) in 2003, advising on a change to the discount rate used for pension liabilities and provisions. It is a revised Treasury proposal to base the rate for pension liabilities on AA corporate bond rates.

Published 24 May 2011