ritain’s largest pension funds weren’t the only ones facing a crunch during the sell-off in the gilts markets following the mini-budget. The Pension Protection Fund (PPF), the rescue scheme that protects savers in failing occupational pension funds, also had to stump up £1.6bn. As with many defined-benefit pension plans, liability-driven investment (LDI) strategies are a mainstay
Britain’s pension backstop
Oct 28, 2022
2 minutes
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