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

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

  • 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

Join now


Already a Professional Pensions member?


More on Investment

Michael Walker, Associate Partner at Aon

Industry Voice: The golden ticket

The importance of member communication when de-risking your scheme

Michael Walker, Associate Partner at Aon
clock 02 June 2023 • 3 min read
Aegon UK chief investment officer Tim Orton

Aegon presses for 'bold climate action' imminently

Also set a £500m AUM target for investments in climate solutions in defaults by 2026

Holly Roach
clock 01 June 2023 • 1 min read
Chancellor Jeremy Hunt is reported to be considering PPF remit expansion. © Zara Farrar - HM Treasury

Government mulls PPF 'master consolidator' remit for pension schemes

Proposals could give flexibility for the sponsors of smaller and struggling schemes

Jonathan Stapleton
clock 26 May 2023 • 4 min read