The yield on the benchmark 10 year gilt fell to a record low yesterday, dropping below 1.25% for the first time and bottoming at 1.22%.
By 11am today, yields were standing at 1.24% - compared to over 2% this time last year. Falling bond yields will increase scheme liabilities - leading to a rise in deficits in schemes that do no...
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
