Saturday, 7 January 2012

Applying CFA Level II - Defined benefit pension employers ‘to double’ their contributions this year

Defined Benefit Plan and Defined Contribution plans have been discussed in Reading 23, Employee Compensation of the CFA Level II Curriculum. The following article published in Financial Post written by John Greenwood discusses the impact of such plans. The key terms like actuarial assumptions have been thoroughly explained in the reading which must be cleared to properly understand the topic.

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