Defined benefit (DB) schemes continued to switch to bonds in earnest during the 2020/21 financial year, continuing a decade-long trend to de-risk assets, according to the Pension Protection Fund (PPF).
Total allocations to bonds on a weighted basis hit 72.0% at the end of March, up 2.8 percentage points on 2019/20, the compensation scheme's annual Purple Book revealed today (7 December). Joi...
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
