Mercer has called on The Pensions Regulator to clarify trustees' role in an economic environment where low gilt yields are distorting funding levels.
Gilt yields are used to calculate pension scheme liabilities because they have traditionally been viewed as the least risky asset class. But the current financial turmoil has seen yields drop to...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date