Un-hedged pension schemes face a 20% increase in deficits if the Bank of England follows the US Federal Reserve's Operation Twist strategy, a consultant warns.
Punter Southall head of buyout and longevity risk research Adam Gillespie said, while Operation Twist is focused on the US market and unlikely to affect UK government bond yields in the short-term,...
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
