Pension funds will stick with equities – KPMG

The theory that pension funds will transfer investments out of equities into sterling long-dated bonds to reduce exposure to the stock market is fundamentally flawed. That is the finding of a recent study by KPMG.

The study estimates that UK pension funds have around £750 billion in assets associated with defined benefit schemes. Currently many of these schemes are in deficit, but when they attain a fully funded position it is expected that these funds will seek to cut their equity exposure to re

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: