Schemes are being asked to pay a prohibitive premium to hedge against Consumer Prices Index or Limited Price Index inflation, delegates at the PP Risk Reduction Forum heard.
State Street Global Advisors vice president and senior LDI portfolio manager Ben Clissold urged schemes to consider using Retail Price Index hedging as an alternative. He said RPI-linked 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