Pensions should diversify into alternatives, says Watson Wyatt

UK pension funds should diversify away from equities into asset classes such as hedge funds, property, high yield and emerging debt, according to fund consultants Watson Wyatt.

The firm believes the investment environment is changing and pension funds' continued reliance on equities and bonds to meet their liabilities has now exposed them to greater risks than at any point in the past 30 years.

Roger Urwin, global head of investment practice at Watson Wyatt and author of the group's Global

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here