Discount rates are flawed

About the Meeting

This talk will be given by Jon Spain who, as far back as 1983, has been working independently, trying to bring “long-term” back to UK actuarial thinking. His current focus is on discount rates (see discrate.com).

The basic tenet of this talk is that, for long-term financial entities (such as DB pension funds), the discounting process itself is utterly flawed and should be discarded as unfit for purpose.

Please arrive at 5.30pm to sign-in before a 6pm start.

Sandwiches and drinks will be served after the talk.