The value of defined contribution (DC) lifestyle funds has fallen by 5% on average since May as bond prices dropped, research from Hargreaves Lansdown shows.
The research showed that as respective economies reduced or discussed unwinding quantitative easing (QE), bond prices began to fall. The subsequent rise in the yield from bonds could force price...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
