SPRINGDALE -- A proposal to give senior citizens a break on their water rates drew interest and support from aldermen, but generated some pushback from the head of the Springdale Water Utilities.

The new regime of higher bond yields has transformed pension funding for defined benefit (DB) schemes in the G7, due to reduced liability valuations Even though credit spreads are close to 10 yr lows, ...

We show that firms' nominal required returns to capital (i.e., their discount rates) are sticky with respect to expected inflation. Such nominally sticky discount rates imply that increases in ...

The government has proposed aligning the discount rate review periods with the valuation cycles of public service pension schemes, and is taking forward reforms to the cost-cap mechanism first ...

First, let’s be clear on what the discount rate is. If we consider valuation calculations as a two-step process, the first step is to determine the expected future cash flows from the pension scheme ...