Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
The belief that maturing DB schemes should automatically move into bonds and gilts is being increasingly challenged. Kristian Brunt-Seymour explores alternatives to the traditional de-risking model.
The amount of hedged defined benefit (DB) liabilities grew to £741bn by the end of 2015 according to KPMG.
Pension Insurance Corporation (PIC) has invested £100m in infrastructure debt secured on the Thames Tideway Tunnel.
Only 3% of final salary defined benefit (DB) schemes with assets of over £1bn are now open to new members according to Barnett Waddingham.
Trustees relying on equities and gilt yields to improve are taking a big gamble and could result in a rush of schemes going bust, says Hugh Nolan.