DB revaluation - cashflow assumptions
I hope everyone is well in this strange new world we seem to find ourselves?
I have to complete a cashflow and will need to include the clients existing DB scheme. The scheme seems to revalue benefits according to Treasury Orders. I was just wondering what rate others are assuming for such revaluations? Would you assume an inflation link (CPI) or do some clever math based on past treasury orders declared??
Your thoughts would be appreciated