THE £355M Northern Rock Pension scheme has transferred its equity investments into bonds in a bid to reduce investment risk.
In a letter to members, the trustees said that – because of the uncertainty surrounding its sponsoring employer – the scheme had moved the half of scheme investments invested in equities into gover...
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
