THE government has "missed an opportunity" to address a shortage of long-dated gilts in its pre-budget report, the industry says.
Yesterday the government announced an increase in planned gilt sales of £36.4bn for 2008/9 - but said only £5.3bn would be long-dated and only £1bn index-linked. The National Association of Pensi...
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
