NAPF Investment Conference: Smith calls for more index-linked gilts

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Chairman of the National Association of Pension Funds (NAPF) Ruston Smith has called for more index-linked gilts to be introduced to the market to meet pension scheme demand.

In his opening speech at the NAPF Investment Conference 2014, Smith (pictured) said defined benefit (DB) schemes' allocation to bonds and equities has risen from 20% to 45% in the past five years. ...

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