LGIM discusses ways for defined benefit (DB) schemes to build a stable liquidity pool, while balancing future returns and considering the importance of deep liquidity in light of the significant gilt market volatility of 2022.
Governance, liquidity and ESG are key priorities for schemes after crises in 2022
The Pensions Regulator (TPR) has published research on leverage and liquidity to better gauge the potential risks for defined benefit (DB) pensions and inform the Bank of England’s Financial Stability Report.