The Debt Management Office has "no plans" to introduce CPI-linked gilts to help schemes hedge inflation, PP can reveal.
The agency responsible for the government's debt and cash management raised £6bn on 27 July, from the sale of 30-year UK gilts, index-linked to RPI, priced to yield 1.02% but said it had "no current plans"...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.