Time for trustees to rethink fixed income?

Kelly Tran looks at how schemes can swap risky assets for fixed income allocations

clock • 3 min read
Kelly Tran
Image:

Kelly Tran

In recent years, record-low interest rates have left investors feeling that ‘there is no alternative’ (TINA) to investing in risky assets such as equities in the search for yield and growth. However, TINA may be falling out of fashion.

For underfunded pension schemes, the preferred route to closing the funding gap has been increasing equity exposure to generate returns. That is changing with fixed income now offering improved ret...

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

Burnham urged to stem flow of UK pension capital into US tech stocks

Burnham urged to stem flow of UK pension capital into US tech stocks

Think tank calls concentration of UK pension investment in US tech stocks a ‘systemic risk’

Alex Levy
clock 30 July 2026 • 3 min read
Partner Insight: Can stewardship shape real world outcomes for pension funds?

Partner Insight: Can stewardship shape real world outcomes for pension funds?

Stewardship has moved well beyond voting statistics. For pension investors, it is now about whether engagement is shaping real-world outcomes across climate, people, governance and systems-level risks.

Royal London Asset Management
clock 29 July 2026 • 5 min read
UK pension giants join forces to unlock £1bn for scale-up fund

UK pension giants join forces to unlock £1bn for scale-up fund

Scale-up fund will help boost investment in science and technology businesses

Jonathan Stapleton
clock 27 July 2026 • 4 min read
Trustpilot