Mini Budget 22

PwC finds over the last year, more than half of DB schemes saw asset values fall 20-40%

Barnett Waddingham finds rising yields reduced long term funding target timeframes

Guidance covers investment, buffers, resilience testing, governance and LDI monitoring

Bloomberg says some pension managers expect to steadily abandon LDI approaches

Kerry Lindsay looks at how schemes can mitigate the impacts of market movements

Mini Budget U-turn and yields on 30-year government bonds

'Has become a distraction from our overriding mission'

Recommends against plan put forward by chancellor Kwasi Kwarteng

Yields on benchmark UK government bonds have risen more than four-fold during 2022

Industry is ‘not convinced these steps will necessarily open the flood gates on their own’