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 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.
"Never again" will state pension only increase by 75p
LV= is calling for legislation to be drafted, allowing for transfers from defined benefit to defined contribution schemes to continue after 6 April 2012.
UK - Investment bank J.P. Morgan has started quoting prices for Consumer Prices Index swaps after the government announced it would change the indexation basis for pension increases from RPI to CPI this summer.
Social housing and infrastructure provides a long-term, inflation-linked investment opportunity with reliable returns, according to industry experts.
Investment bank J.P. Morgan has started quoting prices for Consumer Prices Index swaps after the government announced it would change the indexation basis for pension increases from RPI to CPI this summer.
Auto-enrolment is placing a significant burden on payroll and human resource departments, as they struggle to cope with the changes in preparation for 2012, rpmi says.