Towers Watson has downgraded global ten to 15-year government bonds to "highly unattractive" - warning premiums can no longer compensate pension schemes for taking duration risk.
The consultant said the actions of central banks in printing money and investment flows into perceived safe havens had inflated the bond prices and reduced risk premiums. Global investment committee...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.