Defined benefit schemes magnify stock market volatility, research by the Bank of England claims.
The Bank’s study identifies two “channels of amplification” – cross-holdings of equities in pension schemes and leverage induced by scheme liabilities. Researcher Kamakshya Trivedi said econometric...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).