NAPF backs government strategy on gilts

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THE National Association of Pension Funds has backed the UK government's strategy to issue more long-dated, indexed-linked gilts and has called for a range of distribution methods to be available to help meet pension funds needs.

The NAPF said issuing more long-dated gilts would achieve three objectives. It said the government would obtain access to funding at low rates of interest - lower than those available at shorter ...

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