The Pensions Regulator (TPR) is working to "enhance" the Bank of England's monitoring of how schemes use non-bank leveraged loans amid warnings they may not be able to absorb losses in a stress scenario.
The suspension of the renowned manager's equity fund serves some important lessons and highlights the importance of properly managing liquidity, writes Stephanie Baxter
Sorca Kelly-Scholte says steady but low growth will keep rates historically low, while markets are likely to tumble at some point over the next few years