Discuss the research results with your team, and come to a consensus.

Additionally, the client is considering offering a pension plan to its employees next year.

Discuss reporting requirements for defined contribution and defined benefit.

Write a 350-to 525-memo to the client explaining the essence of fair value reporting and identifying primary concerns associated with it. Make a recommendation to the client as to which type of pension plan they should implement and why.

Answer rating: 100% (QA)

Answer While we study about the pension plans which employees have taken in the last part of 1990s people those who have choosed defined benefit plans have received comparatively fixed and assured ret... View the full answer