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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date