Underfunded defined benefit (DB) pension schemes in the UK are over-dependent on historically improbable equity returns, analysis by Willis Towers Watson reveals.
The consulting firm's research found the average underfunded UK DB scheme requires equities to return 9% above cash rates on an annual basis for the whole of the next decade, or face significant deficits...
Trustees should not automatically dismiss investments in certain sectors on the basis of their core operations but consider their wider fiduciary duty to members, says Richard Butcher.
Market Movers Blog: Oil price moves above $70 after oil facilities in Saudi Arabia targeted — reports
In this live blog, Professional Pensions' sister title Investment Week collates all the breaking market news, analysis and opinion on equity, bond and currency movements as well as the impact of trade wars, tightening monetary policy and the Brexit negotiations....
ClearGlass Analytics has closed a £2.6m funding round as it delivers greater accountability to pension funds and the wider asset management market.
RPMI Railpen has announced plans to internalise its trading desk, which is expected to be operational over the summer.