Schemes hit by record low 10-year yields after Brexit vote

Stephanie Baxter
clock • 2 min read

Defined benefit (DB) scheme liabilities are likely to rise after 10-year gilt yields fell below 1% today for the first time ever following last week's Brexit vote.

Coupled with expected lower asset returns amid the market volatility resulting from the historic decision, schemes and sponsors are being warned to expect higher funding deficits. The 10-year be...

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