Market prices reflect fear and greed, telling us about the last disagreement over value, but little or nothing about an asset's usefulness in meeting future pension payment cash-flows.
It was this growing realisation and disquiet, on the part of, among many, the NAPF, CBI and Association of Member Nominated Trustees, that led to the DWP call for evidence on smoothing. The evidence that...
The Pensions Administration Standards Association's Margaret Snowdon won the coveted Pensions Woman of the Year award. She tells Stephanie Baxter about lessons she has learned along the way.
Defined benefit (DB) schemes are set to shorn themselves of over £300bn of liabilities between 2019 and 2021 as they continue to mature, Mercer predicts.
This week's top stories include the Competition and Markets Authority issuing its final report for the investigation into investment consultants, and The Pensions Regulator launching its first fraud prosecution.
Many investment portfolios that rely heavily on stock-bond diversification to manage risks may not be protected against inflation surprises. Real assets offer a solution.