Image:
Finch: "Once schemes have navigated the recent market turmoil, they should reassess their strategy"
The recent market instability is expected to lead to a substantial increase in defined benefit (DB) schemes transferring their liabilities to insurers, according to analysis from Lane Clark & Peacock (LCP).
The consultancy has warned that as a result of the financial turbulence caused by last month's Mini Budget, which saw a sharp rise in long-term yields, significant short-term challenges have been c...
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
