UK Pensions Landscape

Most felt concerned went they heard an obscure part of the pension universe almost blew up the UK’s financial system. The conclusion was the recent LDI shenanigans must have had a negative impact on closed private sector defined benefit pension schemes. But, if you...

A few weeks ago liability-driven investment (LDI) went from an obscure pension back water to front page news because it threatened to undermine the UK’s financial stability, forcing the Bank of England to intervene. Before the government’s mini-fiscal event, 30-year...