In corporate finance terms, the yield on government debt is generally known as the risk-free rate with defaults on repayment seen as the most unlikely of unlikely outcomes.
With long-term repayments and the option to link with inflation, it comes as no surprise of the long-standing relationship pensions have held with government debt. Managed by the Debt Management Office...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.