UK - State Street Global Advisors is warning schemes not to expect double-digit returns from bond portfolios this year.
SSgA managing director, global fixed income, Vic Thompson said it would be “highly unlikely” for bonds to replicate last year’s performance figures and that low, single-digit returns would be far more likely.
The firm cited political instability in the Middle East and North Korea, and the fear that the US Federal Reserve will not be able to produce any further rate cuts to sustain the economy.
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?