The impact of quantitative easing on scheme funding levels has been exaggerated and should not be used as an excuse to delay de-risking, Towers Watson says.
The investment consultancy said the yield on UK index-linked gilts had fallen only more than the yield on comparable bonds in countries that had not implemented quantitative easing. It also poin...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date