Funds that match and link credit with liability-driven investing (LDI) have been launched by BMO Global Asset Management in a bid to simplify the process of de-risking defined benefit (DB) schemes.
Speculation about rate rises has caused some schemes to delay any further liability hedging. Rosalind Mann looks at why this may be the wrong move.
Hedging appetite fell during the second quarter of this year as a lack of index-linked gilt supply continued to bite, BMO Global Asset Management has said.
The UK's 350 largest listed companies are becoming increasingly unlikely to be able to meet their pension obligations, PwC research has suggested.
There are big questions about currency hedges when sterling has fallen so significantly since Brexit. Schemes should revisit that hedge and prepare for further volatility, says Stephanie Baxter
Pension funds have been given extra time to prepare for potentially onerous rules requiring their over-the-counter (OTC) derivative transactions to be centrally cleared.
Some schemes are failing to concentrate on their growth portfolios to generate returns because they have become distracted by hedging, according to research.
Scottish Power has completed a longevity swap with Abbey Life to hedge £1bn of liabilities, covering 4,000 pensioners in the Manweb section of the Electricity Supply Pension Scheme.
Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
Twice as many FTSE 350 companies with defined benefit (DB) schemes are supported by a weak sponsor covenant than in 2006 according to PwC.