Pension funds are experiencing a second wave of innovation in the liability-driven investment market, as pension schemes increasingly use derivatives to gain synthetic exposure to asset classes, Redington Partners says.
Co-chief executive officer Robert Gardner explained that since 2003 when the LDI market was borne, the use of derivatives - or unfunded securities - to manage risk has become much more commonplace. ...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers