PIC: DB schemes well funded but not immune to global macroeconomic impact

Mitul Magudia says a scenario of prolonged higher rates could radically impact schemes

clock • 1 min read
Mitul Magudia is co-chief origination officer at Pension Insurance Corporation
Image:

Mitul Magudia is co-chief origination officer at Pension Insurance Corporation

Ongoing conflicts have influenced the geopolitical landscape in 2023 and with no immediate signs of resolution, are likely to do so again in 2024, as governments and policymakers worldwide respond to persistent risks, against a backdrop of elections across the globe.

At the same time fiscal and monetary policy is constrained by excessive borrowing, higher interest rates, and high tax burdens. These are all issues that trustees of defined benefit (DB) pension...

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

Savers believe pension funds should back infrastructure and UK growth

Savers believe pension funds should back infrastructure and UK growth

Research from IFM Investors suggests public backing for infrastructure investment

Alex Levy
clock 12 October 2026 • 3 min read
M&G launches first LTAF in bid to widen access to private credit capability

M&G launches first LTAF in bid to widen access to private credit capability

Targeting net returns of SONIA plus 5% per annum over five years

Jonathan Stapleton
clock 12 October 2026 • 2 min read
Look to nature for true diversification

Look to nature for true diversification

Tony Dalwood says forestry and agriculture can offer genuinely different sources of return

Tony Dalwood
clock 05 October 2026 • 3 min read
Trustpilot