WPC inquiry hears calls for LDI leverage constraints

Actuaries call for guidance to make it clear what appropriate levels of LDI leverage are

Jonathan Stapleton
clock • 2 min read
LCP's Jonathan Camfield: Some sort of strong guidance from the regulators  would be helpful
Image:

LCP's Jonathan Camfield: Some sort of strong guidance from the regulators would be helpful

Regulators should introduce greater guidance around the amount of leverage allowed in liability-driven investment (LDI) portfolios to stop “competitive pressures” ratcheting up the levels of systemic risk in schemes once again.

In the second part of the first formal meeting of the Work and Pensions Committee (WPC) inquiry into defined benefit (DB) pensions with LDI - held this morning (23 November) - the committee heard e...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Ocean degradation threatens adequacy of retirement outcomes

Ocean degradation threatens adequacy of retirement outcomes

IFoA report says ocean-related shocks can ‘cascade’ through society and the economy

Martin Richmond
clock 10 November 2026 • 4 min read
BlackRock launches protected equity strategy for UK pension schemes

BlackRock launches protected equity strategy for UK pension schemes

Fund aims to maintain exposure to equity growth while managing downside risk

Jonathan Stapleton
clock 09 November 2026 • 2 min read
Climate warming scenarios could hit pension fund returns by up to 30%

Climate warming scenarios could hit pension fund returns by up to 30%

Analysis reveals uneven impact across UK schemes and urges funds to consider risk

Alex Levy
clock 09 November 2026 • 3 min read
Trustpilot