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Valuing Sponsor Support
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Paper by PwC, presented on 28/1/2013 (London) and 18/2/2013 (Edinburgh), together with the paper 'Market-Consistent Valuation of a Defined Benefit Pension Fund’s Employer Covenant and its use in Risk-Based Capital Assessment‘ by Barrie & Hibbert.
Both papers together were collated under the title 'Options for assessing employer covenant and the holistic balance sheet'.