The drive to reduce perceived risk has the potential to bring about the single biggest actual risk to a pension fund investor: the risk that future liabilities won't be met.
What began in the late 1990s with legislation to restore some balance after pension funds had too much exposure to equities, has been replaced with what seems to be an irrational drive to continue ...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
