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

Partner Insight: Trade finance and tariffs - When down is up and South is North

Partner Insight: Trade finance and tariffs - When down is up and South is North

Federated Hermes
clock 24 October 2025 • 4 min read
Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Peers join AIC to call on government to include investment companies in Pension Schemes Bill

Baronesses Bowles and Altmann join call to amend Bill and correct ‘serious error’

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Nest and IFM partnership makes first UK investments

Nest and IFM partnership makes first UK investments

Assets include £40m to support rural fibre broadband and £45m for energy-from-waste project

Jonathan Stapleton
clock 20 October 2025 • 2 min read
Trustpilot