Trustees are in danger of widening funding gaps by focusing too much on the risks and returns of individual asset classes, State Street Global Advisors argue.
The asset manager has published a paper Managing Pension Risk: Confront Your Risk/Reward Dilemma urging underfunded schemes to consider risk budget across their entire portfolio. The report says the...
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).