Schemes should turn to inflation-linked assets such as long-lease property and mature infrastructure to cope with an insufficient supply of index-linked gilts, say consultants.
Towers Watson said it would take 30 years for the supply of index-linked gilts to catch up with demand, meaning schemes will not be able to fully de-risk until 2040 unless they pursue alternative strategies....
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
This week's top stories include an article on climate activists from Extinction Rebellion crashing the PLSA's local authority conference, and an in-depth piece on the Court of Appeal's ruling on the BIC UK Pension Scheme case.
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled