UK schemes have lost as much as £500m by buying into corporate bonds just as returns turned downwards, Hewitt Associates claims.
The consultancy firm said net investment into corporate bonds by pension funds amounted to over £15bn in the first half of the year – up by more than 50pc on the total for the whole of 2006. It said...
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.