Something exciting is happening across the corporate landscape in the UK and, to a certain extent, around the world. As interest rates have surged from all-time lows over the past two years, there has been a substantial shift in pension liabilities, with pension schemes, notably defined-benefit plans, seeing a substantial fall in liabilities thanks to higher discount rates.
Discount rates are linked to prevailing interest rates, and are used to calculate whether or not a company has enough assets in its pension scheme to
