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

TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

TPR publishes guidance to help guard against 'hidden' AI portfolio exposure

Regulator publishes new concentration risk guidance as AI embeds in global markets

Alex Levy
clock 22 October 2026 • 2 min read
Partner Insight: From load to lever - AI's mispriced role in the energy transition

Partner Insight: From load to lever - AI's mispriced role in the energy transition

Electricity demand associated with AI is testing already-constrained power systems. Could the same technology also help reduce energy waste, manage demand, unlock grid capacity and integrate clean power?

Allspring Global Investments
clock 22 October 2026 • 6 min read
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
Trustpilot