While LDI has been a helpful risk management tool it must adapt to a world where yields have yet again fallen to record lows and prospects for growth assets have deteriorated. Stephanie Baxter reports
At a glance LDI will need to work much harder in low yield world amid regulatory pressures Use of value-at-risk models has encouraged LDI regardless of yield levels Defined benefit (DB)...
The Old British Steel Pension Scheme (OBSPS) has agreed a £2bn full buy-in with Pension Insurance Corporation (PIC), one step closer to exiting Pension Protection Fund (PPF) assessment.
Lowest Q3 payout since 2010
The COVID shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
Much like when selling a house, DB plans need to tidy up before approaching the bulk annuity market, says David Ellis.