Sponsors will be forced to support schemes for the next five to ten years because the relationship between risk-free assets and inflation is "broken", UBS says.
According to the investment bank's Pension Fund Indicators 2012 report, short-term interest rates are below inflation, meaning schemes cannot beat price increases. UBS Global Asset Management he...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders