ACA chair calls for systemic risk focus as LDI evolves

Ahead of new DB funding code, ACA says it is vital to avoid ‘knee-jerk reactions’

Jonathan Stapleton
clock • 2 min read
Taylor: "Recent events have been a timely reminder that risk management steps must be continually assessed"
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Taylor: "Recent events have been a timely reminder that risk management steps must be continually assessed"

The Association of Consulting Actuaries (ACA) has called for a renewed focus on systemic risks in the wake of the post Mini Budget turbulence in liability-driven investment (LDI).

Speaking at a dinner this week, ACA chair Steven Taylor the events of the past few months provided a "timely reminder" for the industry. He said: "There seems little doubt that as a risk managem...

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