UK - The suggestion by Goldman Sachs Asset Management (GSAM) of using a liability driven investment (LDI) strategy as a way to control the Pension Protection Fund (PPF) levy has met with mixed responses.
In the report, Lighten the Load, Lighten the Levy, advising pension fund trustees how to reduce or maintain a reasonable PPF levy, GSAM highlighted how the risk-based part of the levy could be redu...
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