Tag Archives: Hedge

Keep watering that hedge – pension trustees!

Posted on May 25, 2023 by henry tapper

Good morning, #pensions! Watch those collateral waterfalls flow… Today’s @ft. pic.twitter.com/SLl1JF1ouE — Mike Harrison (@HigherEdActuary) May 25, 2023   The lengths to which schemes have gone “to preserve the hedge” astonishes me. Being knocked out of the hedge actually ‘exposes’ … Continue reading →

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Could DC consolidation cause a fresh pension crisis?

Posted on January 15, 2023 by henry tapper

    In this blog I argue that DC has its own version of LDI which is still embedded in many occupational DC schemes. Transferring out of these schemes risks crystallising losses for savers – akin to “losing the LDI … Continue reading →

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