Practitioner profile


Fiercely competitive and teeming with corporate predators, the UK's retail sector has become a pensions battleground. The final salary pension schemes of long-established chains like WH Smith or Marks & Spencer have played an unexpectedly prominent role in derailing takeover attempts. The sector is also something of a laboratory for pensions risk management, such as the bold liability-driven investment (LDI) strategy adopted by WH Smith late in 2005 (see Life & Pensions, November/December 20

To continue reading...

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 indvidual account here: