Pension funds can protect against inflation risk by investing in long lease property, while also achieving an attractive spread over index-linked gilts of the same maturity, M&G says.
An emerging dual inflation market for liability matching will further drain liquidity from index-linked gilts and swaps, the National Association of Pension Funds says.
Increasing consolidation of third-party administrators poses risks for trustees, as data is transferred across different software systems, industry experts say.
The shift to CPI indexation could cut scheme liabilities by 3% but may not result in a one-off profit windfall for firms, an accounting task force has proposed.
Many trustees who require consent from HMRC and Inland Revenue to amend scheme rules are overlooking regulation to remove that requirement, a lawyer warns.
The government should push back scheduled scrapping of the default retirement age to allow businesses to plan for it more effectively, employer groups say.
US - The state of Oregon has sued Arizona-based Apollo Group for $10m amid claims it deceived investors.
The government is greatly underestimating increased longevity and its state pension age hike is "not even treading water on the issue", Club Vita says.
The government has announced it will reform the country's social housing system, allowing more new affordable homes to be built, providing potential investment opportunities for pension funds.
The accelerated increase in state pension age announced today could result in higher private pensions if members delay scheduled retirement, Standard Life says.