Pension schemes are missing the "biggest opportunity in recent history" to improve their funding levels by continuing to buy sovereign bonds, Gatemore Capital Management warns.
The firms said a bond asset bubble - created by government purchases and pension regulation pushing more schemes to buy bonds - means pension fund trustees are paying an "outrageous premium" to match liabilities....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point