Ah Lies dam Lies and pension fund valuations. One of the problems that caused the decline of DB pensions is the accounting industry decided on such a unlikely

Ah Lies dam Lies and pension fund valuations. One of the problems that caused the decline of DB pensions is the accounting industry decided on such a unlikely scenario that inflated the cost to the employer immensely. One pension trustee commented that the scenario came true you'd be more concerned about your stockpile of tined goods and shotgun shells than a pension. So who pays the accountants and who now has a nice excuse to shut down its scheme :-)