Catch-22 and the rise of cash-driven investing

clock • 4 min read

Schemes are becoming cashflow negative at a time they can ill-afford any drag on investment returns. Sorca Kelly-Scholte and Maria Ryan look at solutions to this Catch-22

Many UK defined benefit pension schemes are stuck in a Catch-22. They are mature and increasingly tipping into negative cashflow, with a growing need to pay out cash to meet obligations. But most o...

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