[discount_rates_problem] [sitemap] discount_rates_problem site_update summary background site_history uk_db_funding_history higher_returns_impact funding_nightmare penal_pension_burden purpose_v_best_estimate reflecting_reality following_evidence scalars_inappropriate risk_approaches professionalism long_term riskpremia_historic equity_risk_component riskpremia_likelihood db_funding_objectives LDI_for_dummies financial_economics main_variables pricing_approach asset_multiples_over_time contracts inflation asset_portfolios hypothesis base_data base_data_av base_data_sd random_numbers general_fitting distributions_used outcomes fund_development table_fund_cap table_fund_inc fund_chart success_likelihood success_chart required_adjustments table_adj_cap table_adj_inc adjustments_chart annuity_failure annuity_chart excess_caution caution_chart tentative_conclusions interactive_charts powerpoint jon_spain contact sitemap