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.
The total deficit of schemes in the Pension Protection Fund (PPF) 7800 index fell to £262.5bn at the end of October as both gilt yields and equity markets rose.
Recent announcements from the Bank of England show a more cautious outlook for inflation. Helen Morrissey asks what this means for schemes.