Un-hedged pension schemes face a 20% increase in deficits if the Bank of England follows the US Federal Reserve's Operation Twist strategy, a consultant warns.
Punter Southall head of buyout and longevity risk research Adam Gillespie said, while Operation Twist is focused on the US market and unlikely to affect UK government bond yields in the short-term,...
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
