PPF cautions against short-term view
Speaking at the launch of a joint survey of the UK's defined benefit (DB) sector, by the Pensions Regulator and the Pension Protection Fund, the latter's chief executive, Partha Dasgupta, cautioned that financial market volatility meant that it was dangerous to take a short-term view on the health of pension funds.
The joint Pensions Universe Risk Profile, or PURPLE for short, included responses from funds representing 85% of the total DB assets in the country, and was intending to rectify the
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