{"id":393462,"date":"2020-12-04T08:03:24","date_gmt":"2020-12-04T13:03:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393462"},"modified":"2020-12-04T08:03:24","modified_gmt":"2020-12-04T13:03:24","slug":"new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/","title":{"rendered":"New Rules Lead to a Six-per-cent Reduction in Commuted Values"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>New Rules Lead to a Six-per-cent Reduction in Commuted Values<\/b><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nReleased today, the monthly Morneau Shepell Pension Indices condense the journey that pension plans have experienced over the last year into a few key statistics. The indices also provide an early indicator of the challenges that are yet to come for plan sponsors and administrators to help with the monitoring and management of their pension plans.\n<\/p>\n<p>\nDecember 1, 2020, saw the introduction of new rules for calculating commuted value lump sum payments from defined benefit pension plans in Canada. The Morneau Shepell index shows the overnight change for the average plan was a six-per-cent reduction, but the new methodology moves with market conditions and may produce higher or lower payouts in future. Plan members considering whether to exit a defined benefit plan should always seek impartial and balanced views on whether or not taking a lump sum transfer is suited to their circumstances and will or will not best support their long-term financial wellbeing.\n<\/p>\n<p>\n\u201cGiven that pension plans in Canada pay billions of dollars a year in cash lump sums to their members, this change could reduce cash outflows from plans by hundreds of millions of dollars each year,\u201d said Murray Wright, senior consultant, retirement solutions. \u201cPension plans have, in general, been very successful at weathering the storm of volatile markets and uncertain economic conditions in 2020. Despite this, further challenges lie ahead and we encourage plans to look behind the current pension plan balance sheet to ensure they understand the underlying risks and how these have changed over the course of the year. The new year will likely bring further volatility, continued low interest rates and further pressure on accounting measures and cash requirements. A proactive approach to risk management is a must for pension plans given that the only certainty for 2021 is that we will see further uncertainty.\u201d\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>December 31,<br \/>\n<br \/>2019 Index<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>November 30,<br \/>\n<br \/>2020 Index<\/b><\/p>\n<\/td>\n<td class=\"bwtopsingle bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\"><b>Difference<\/b><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Solvency Index<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.7\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n+0.7\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Commuted Value Index<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n110.0*\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n+10.0\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Accounting (Balance Sheet) Index<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n96.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n(4.0)\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Accounting (Pension Expense) Index<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n112.1\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwpadl0 bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n+12.1\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><b>Plan Asset Index<\/b><\/p>\n<\/td>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n100.0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n109.1\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n\u00a0\n<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwpadl0 bwalignc\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\n+9.1\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\n*Commuted Value Index changes to 104.0 on December 1, 2020, a fall of six per cent.\n<\/p>\n<p>\nFor more detail on the indices and the assumptions behind them please review the summary report <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.morneaushepell.com%2Fpermafiles%2F93170%2Fmorneau-shepell-pension-indices-november-30-2020.pdf&amp;esheet=52342880&amp;newsitemid=20201204005087&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.morneaushepell.com%2Fpermafiles%2F93170%2Fmorneau-shepell-pension-indices-november-30-2020.pdf&amp;index=1&amp;md5=5dd1a513e0c3d39267ec9f92d2142b77\">https:\/\/www.morneaushepell.com\/permafiles\/93170\/morneau-shepell-pension-indices-november-30-2020.pdf<\/a>.\n<\/p>\n<p><b>About Morneau Shepell <\/b><\/p>\n<p>\nMorneau Shepell is a leading provider of technology-enabled HR services that deliver an integrated approach to employee wellbeing through our cloud-based platform. Our focus is providing world-class solutions to our clients to support the mental, physical, social and financial wellbeing of their people. By improving lives, we improve business. Our approach spans services in employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services. Morneau Shepell employs approximately 6,000 employees who work with some 24,000 client organizations that use our services in 162 countries. Morneau Shepell is a publicly traded company on the Toronto Stock Exchange (TSX: MSI). For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.morneaushepell.com&amp;esheet=52342880&amp;newsitemid=20201204005087&amp;lan=en-US&amp;anchor=morneaushepell.com&amp;index=2&amp;md5=f9933715e8e2e0581f9c4583476e9396\">morneaushepell.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201204005087r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201204005087\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201204005087\/en\/<\/a><\/span><\/p>\n<p>\nHeather MacDonald<br \/>\n<br \/>Morneau Shepell<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@morneaushepell.com\">media@morneaushepell.com<br \/>\n<\/a><br \/>855-622-3327\n<\/p>\n<p>\nID-RS\n<\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Legal Insurance Human Resources Finance Consulting Banking Accounting Professional Services Small Business Other Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201204005087\/en\/844218\/3\/Morneau_Shepell_logo_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>New Rules Lead to a Six-per-cent Reduction in Commuted Values TORONTO&#8211;(BUSINESS WIRE)&#8211; Released today, the monthly Morneau Shepell Pension Indices condense the journey that pension plans have experienced over the last year into a few key statistics. The indices also provide an early indicator of the challenges that are yet to come for plan sponsors and administrators to help with the monitoring and management of their pension plans. December 1, 2020, saw the introduction of new rules for calculating commuted value lump sum payments from defined benefit pension plans in Canada. The Morneau Shepell index shows the overnight change for the average plan was a six-per-cent reduction, but the new methodology moves with market conditions and may produce higher or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New Rules Lead to a Six-per-cent Reduction in Commuted Values&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393462","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Rules Lead to a Six-per-cent Reduction in Commuted Values - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Rules Lead to a Six-per-cent Reduction in Commuted Values - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Rules Lead to a Six-per-cent Reduction in Commuted Values TORONTO&#8211;(BUSINESS WIRE)&#8211; Released today, the monthly Morneau Shepell Pension Indices condense the journey that pension plans have experienced over the last year into a few key statistics. The indices also provide an early indicator of the challenges that are yet to come for plan sponsors and administrators to help with the monitoring and management of their pension plans. December 1, 2020, saw the introduction of new rules for calculating commuted value lump sum payments from defined benefit pension plans in Canada. The Morneau Shepell index shows the overnight change for the average plan was a six-per-cent reduction, but the new methodology moves with market conditions and may produce higher or &hellip; Continue reading &quot;New Rules Lead to a Six-per-cent Reduction in Commuted Values&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-04T13:03:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201204005087r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"New Rules Lead to a Six-per-cent Reduction in Commuted Values\",\"datePublished\":\"2020-12-04T13:03:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/\"},\"wordCount\":537,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20201204005087r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\\\/\",\"name\":\"New Rules Lead to a Six-per-cent Reduction in Commuted Values - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/","og_locale":"en_US","og_type":"article","og_title":"New Rules Lead to a Six-per-cent Reduction in Commuted Values - Market Newsdesk","og_description":"New Rules Lead to a Six-per-cent Reduction in Commuted Values TORONTO&#8211;(BUSINESS WIRE)&#8211; Released today, the monthly Morneau Shepell Pension Indices condense the journey that pension plans have experienced over the last year into a few key statistics. The indices also provide an early indicator of the challenges that are yet to come for plan sponsors and administrators to help with the monitoring and management of their pension plans. December 1, 2020, saw the introduction of new rules for calculating commuted value lump sum payments from defined benefit pension plans in Canada. The Morneau Shepell index shows the overnight change for the average plan was a six-per-cent reduction, but the new methodology moves with market conditions and may produce higher or &hellip; Continue reading \"New Rules Lead to a Six-per-cent Reduction in Commuted Values\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-04T13:03:24+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201204005087r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"New Rules Lead to a Six-per-cent Reduction in Commuted Values","datePublished":"2020-12-04T13:03:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/"},"wordCount":537,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201204005087r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/new-rules-lead-to-a-six-per-cent-reduction-in-commuted-values\/","name":"New Rules Lead to a Six-per-cent Reduction in Commuted Values - 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