LMA calls for clarity on Ogden review timing

The Lloyd's Market Association (LMA) said the government should
specify when changes to the Ogden discount rate will kick in after
it concludes the regular reviews proposed under pending
legislation.
The LMA made the recommendation in response to a government
consultation on draft reforms to the way the Ogden rate is
calculated.
The industry body supports the reforms, which the government
said in Septemberwould result in a discount rate of between 0 and 1 percent,
based on current investment...