The Daily Mail and General Trust pension scheme is setting up its first in-house de-risking group - the Triggered Asset Switch Committee - in a bid to make speedier investment decisions and improve its funding ratio.
It will be made up of three members and have the power to make investment decisions within two days of funding triggers being hit, to take advantage of daily market price movements. The TASC, th...
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, 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
