UK pension schemes should look outside the domestic inflation-linked gilt markets to the global bond markets to hedge risks and obtain higher yields, according to PIMCO.
Product manager Berdibek Ahmedov said the the UK index-linked gilt market is too expensive because of the demand from pension funds and limited supply. "You have around £1.1trn of liabilities linked...
An abrupt change in interest rates "will lead to problems" in the real economy and financial markets, economist Gerard Lyons warns.
The Pensions Regulator (TPR) has banned three people from serving as pension trustees after around £9m was suspected of being scammed from 346 savers.
Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.
Schemes are increasing their usage of index strategies. Armit Bhambra looks at the four key factors driving this growth