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.
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To bluff or not to bluff... that is the question!
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