Pension funds could face a dilemma over their fiduciary duties as falls in gilt yields mean they may have to buy securities that are guaranteed to lose money, according to Cambridge Associates.
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
Pension schemes that have not hedged their liabilities could face funding issues as long-dated bond yields have plummeted, industry experts have warned.
The aggregate defined benefit (DB) funding level worsened in March, hitting its worst level since last August, the Pension Protection Fund (PPF) has said.
The PPF 7800 deficit was slashed in half last month as gilt yields rose. Victoria Ticha asks if this is the start of a longer trend
Defined benefit (DB) transfer values fell from £236,000 at the end of December, to £231,000 by the end of last month, according to Xafinity Punter Southall.
The aggregate deficit of 5794 schemes in the Pension Protection Fund's (PPF) 7800 Index is estimated to have decreased to £186.2bn by the end of June.
Political uncertainty is back after the shock general election result, with the markets pricing in a softer Brexit. Watch out for the impact on sterling and gilt yields, warns Stephanie Baxter
Centrica's defined benefit (DB) pension deficit soared by 855% in 2016, its latest annual accounts have revealed.
Defined benefit (DB) transfer values reached their highest level since early November 2016 due to a fall in gilt yields and more bearish inflation expectations.