Investment advice 'must improve' after LDI crisis

Professional trustees say consultants need to up their game

clock • 4 min read
Dalriada Trustees director David Fogarty
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Dalriada Trustees director David Fogarty

The liability-driven investment (LDI) crisis has caused ripples in the pensions market and trustees are taking a step back to reassess the viability of LDI products and take stock of what happened and why.

The defined benefit (DB) pensions sector was at the centre of the LDI crisis last week that caused a liquidity squeeze and forced the Bank of England to start temporarily buying long-dated gilts. ...

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