Scheme funding positions were affected by as much as £50bn in Q3 due to the movement and volatility of long-term gilt yields, Pension Insurance Corporation says.
PIC's 2010 Pension Risk Transfer Index for Q3 revealed several days towards the end of last quarter when there were significant swings in gilt yields which affected scheme valuations or when liabil...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
