UK - Boots has boosted the amount of inflation-linked assets in its £2.4bn pension scheme to 40% after a £150m deal with the Royal Bank of Scotland.
The move means Boots has further hedged its pensions scheme against the effects of future inflation. It achieved the increase by making 18, 22 and 28-year swaps with RBS – one of the few banks w...
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
