It should be possible to pay 85%-90% of the estimated £3.3trn of promised benefits if schemes have the right risk management and investment strategies in place, according to Redington.
Professor Paul Sweeting has left Legal & General Investment Management (LGIM) where he joined as head of research last year.
PP looks at a potential solution to the cashflow problem as schemes mature.
The industry has serious questions about the lifetime ISA introduced in the Budget.
Fresh investment strategies are needed if mature defined benefit (DB) schemes want to pay benefits to members on time according to Legal and General Investment Management (LGIM).
Legal & General Investment Management (LGIM) has appointed professor Paul Sweeting to the new role of head of research within its solutions group.