Periodical Payments And Lump Sums: A lifetime commitment

Jennifer Stone, Nick Leech, Andrew Sands and Nick Martin reflect on the implications of the change in the discount rate ‘An investor placing capital into ILGs and holding the investment until the redemption date (date of maturity) is at today’s prices guaranteed to have less purchasing power with that money than they had at the …
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Discount Rate: The longest wait

Julian Matthews reviews the current position in England in light of the decision of the Privy Council in Helmot v Simon ‘The outcome of Helmot v Simon [2012] has been recently reviewed in the Privy Council. What has happened in that case may well have some interesting pointers to the forthcoming debate to be held …
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Investment: Lack of return

Andrew Sands and Nicholas Martin examine the issues relating to the discount rate and conclude that a reduction in the rate should be inevitable ‘Reality means that life expectancy is always, by its very nature, an estimate so will be wrong. This introduces mortality risk, which if the claimant lives longer than expected means that …
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