Nearly half of defined benefit (DB) scheme trustees are hesitant to take on interest rate risk due to a higher hedge ratio than funded ratio, research from Charles Stanley Fiduciary Management shows.
The survey of 71 professional DB trustees, whose schemes have average assets under management (AUM) of £1.38bn, found 48% had a higher hedge ratio than funded ratio. The survey's findings indicated...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
