Andrew Milligan looks at recent market turmoil and how it can affect how investors navigate 2016.
The Federal Reserve's landmark decision to raise interest rates for the first time in almost a decade paves the way for the UK to follow suit. PP looks at what could be in store for schemes.
Widely expected by industry
Inflation continues to hover around zero according to Office for National Statistics (ONS) figures, meaning interest rates are likely to remain at historic lows well into 2016.
The time has come for DB schemes to approach liability management differently
Trustees and their advisers can do little to plug deficits of defined benefit (DB) schemes in the face of market forces which are beyond their control, says Andrew Warwick-Thompson.
Central banks are set to go indifferent directions
Eurozone and Japanese equities will outperform the US market next year as their central banks start to move in very different directions, according to NN Investment Partners.
Interest rate and inflation hedging activity dropped by 24% and 27% respectively in the third quarter, according to BMO Global Asset Management's liability-driven investment (LDI) survey.