Schemes 'rolling the dice in desperation' by waiting for rate rise

Trustees relying on equities and gilt yields to improve are taking a big gamble and could result in a rush of schemes going bust, says Hugh Nolan.
The Spence & Partners director (pictured) said during an event on 28 April that the low interest rate environment is still a big challenge for schemes, and is being compounded by the continued market volatility....
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