UK. SPP: Managing pension scheme risk in an increasingly uncertain world
There is currently heightened uncertainty, both geopolitically and closer to home, for UK defined benefit (DB) pension schemes. The situation in the Middle East remains precarious with a fragile ceasefire and ongoing threats. The war in Ukraine is still ongoing, albeit with some signs that a peace deal may emerge. In the UK, the prime minister has resigned, his replacement is all but confirmed, and markets are vigilant for the details of the policies the government will pursue and their...
