LDI needs government support says F&C

F&C Asset Management believes that the UK government should help local authorities in making full use of liability-driven investment (LDI) in order to balance their assets and liabilities.

“As private pension schemes are moving to adopt sophisticated risk management techniques, it seems reasonable and logical to expect that it is simply a matter of time before the government forces some financial discipline on local authority pension schemes,” says Richard Watts, co-head of asset and liability ma