The Local Government Pension Scheme (LGPS) deficit will keep on rising if funds continue to invest in gilts and bonds instead of infrastructure, London Pension Fund Authority deputy chairman Merrick Cockell has warned.
Speaking at the Future of the LGPS conference in London on 18 November, Cockell urged schemes to embrace infrastructure investment instead of relying on traditional, safe assets that move in line with...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.