Scheme bond allocations will hit 70% within five years as investors seek a "safe path" away from equity volatility to more stable assets, JLT Pension Capital Strategies predicts.
The consultant said continued equity market volatility and increased regulatory pressures will cement the current flight from equities into bonds and lead to overweight fixed income holdings for a majority...
This week's edition of Professional Pensions is out now.
Laytons partner Jennie Kreser speaks of her concerns over pension outcomes.
Guy Opperman has indicated his support for a fresh pensions commission as the government seeks to understand how to progress pensions policy in a wide range of areas.
Auto-enrolment (AE) minimum contribution rates could rise to 12% by 2030, with a 50/50 split between employer and employee, the Pensions and Lifetime Savings Association (PLSA) says.