Schemes hunting for cash flow in a record-low gilt yield environment are turning to corporate bonds, emerging markets and active management of their debt portfolios, a study has revealed.
Brexit raises concerns, but no novelties for pension schemes
According to a new survey by pensions platform Mallowstreet, negative portfolio returns and prolonged unpredictability are the top concerns Brexit raises for pension stakeholders. However, pensions insiders said these risks should already be being addressed.
Strathclyde adds EMD as cash flow turns negative
Strathclyde Pension Fund has approved a range of investment changes, including up to £300m in emerging market debt and £30m in core UK infrastructure.
MPs press government to incentivise ESG investment
Pension funds should do more to incorporate environmental, social and governance considerations into their investment decisions, a report by the House of Commons’ International Development Committee last week suggested.
Longevity risk anxiety overshadows subtler threats
New research commissioned by investment bank State Street has shown that a quarter of pension professionals consider longevity risk to be the biggest threat to pension schemes, but some say it should not take priority.
Unilever launches guidance tool, but fear of giving advice still stops many
The Unilever Pension Fund has introduced an online initiative using example members to help savers plan their benefits, ahead of a clarification on the distinction between advice and guidance from the Financial Conduct Authority, HM Treasury and the Pensions Regulator.
Comment & Analysis
How to prepare for a switch in inflation hedging
The use of consumer price inflation as pension schemes’ marker for inflation has grown in recent times. Douglas Graham from asset manager Blackrock outlines what schemes should be doing.
Leadership is needed for the future of DB
The Local Pension Partnership’s Susan Martin outlines the need for leadership in defined benefit schemes if they are to remain sustainable in the long term.
Is this the mastertrust’s time?
David Snowdon of fiduciary manager SEI outlines the case for the mastertrust as a savings vehicle, and explains how the sector is likely to change in coming years.
Video
PPF: Shorten recovery plans
Video: High profile defined benefit schemes such as British Steel and BHS are dominating the news and making clear the risks an underfunded scheme can pose to its employer. Malcolm Weir, head of restructuring and insolvency at the Pension Protection Fund discusses what can be done.
Drawdown use will grow, predicts Newton's Doyle
It has been more than a year since the introduction of freedom and choice, and the industry is still waiting to see what will emerge as the dominant option in retirement. Fund manager Newton's head of defined contribution, Catherine Doyle, discusses where she expects the market to go
Where next for the Lifetime Isa?
Video: Last month, the chancellor shocked the pensions industry with the introduction of the Lifetime Isa, promising a 25 per cent top up for under-40s saving for a house or retirement. We spoke to the father of the Lisa, Michael Johnson from the Centre for Policy Studies, about what it will mean and how it might change in future.

