National pensions debate needed before de-risking bubble bursts

James Phillips
clock • 2 min read

A national debate is needed to consider whether the investment approach of defined benefit (DB) schemes is storing up problems for the future, Institute of Chartered Accountants of Scotland (ICAS) president Sir Brian Souter has said.

He believes schemes have squandered a decade of potential returns by switching investments from equities and corporate bonds to gilts and other similar bonds, while the expected benefit of these ha...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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