Schemes have had a windfall gain by not hedging currency risk. Stephanie Baxter asks whether schemes should now begin to hedge to protect members
Hedging currency risk is commonplace among defined benefit (DB) schemes but much less so in the defined contribution (DC) sphere. As DC schemes have increased their exposure to overseas equities in...
Last week, both the PLSA's new chairman Richard Butcher and the pensions minister Guy Opperman told the industry exactly what they wanted to hear. The hard part, as Jonathan Stapleton writes, is turning these fine words into action.
The UK's ranking has dropped to 15 in the Melbourne Mercer Global Pension Index (MMGPI) despite the country attaining a better score than last year.
Origo has appointed Aviva head of proposition Anthony Rafferty to succeed Paul Pettitt as managing director from 1 March 2018.
Baroness Ros Altmann has attacked the annuity market for failing to inform savers that better annuity rates may be available to them, calling for an investigation.