Parliamentary committee hears that liquidity crisis was a ‘predictable’ risk
LDI still fit for purpose but needs changes in operational arrangements
Charlotte Moore says the path forward will vary depending on scheme circumstances
The situation went from ‘ringing you to let you know' to shouting on the phone in two days
Patrick Foster says the pensions industry needs to brace itself for heightened scrutiny
PLSA says many feel BoE operation should be extended to 31 October and possibly beyond
Move comes in bid to temporarily absorb selling of ILGs in excess of market capacity
Central bank, TPR and FCA are closely monitoring the progress of LDI funds
Aaron Punwani says the key question is what is the right level of leverage going forward
PP speaks to Kempen’s Iain Brown about the ‘operational crisis’ faced by schemes last week