A fair-value enterprise

Date: October, 2006

Authors: Michael Preisel (ATP), Søren Fiig Jarner (ATP) & Rune Eliasen (ATP)

Published in: Life & Pensions 2006

Abstract: 

When Danish pension company ATP switched to fair-value accounting, it became necessary to develop a new business model that could manage a now volatile balance sheet. This case study looks at the issues involved