UK - Tesco's decision to issue £160m of 3.322% limited price index (LPI) bonds is significant for the pensions industry and a great boost to the cause of LPI bonds, according to Watson Wyatt.
“LPI bonds are an idea which Watson Wyatt has been talking to clients about for some time and the Tesco issue may be the most important to date,” said Bruce Wraight, spokesman at Watson Wyatt. The...
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