Called to account

Expectations are that FRS17 will increase pension fund investment in bonds. Mark Pelham investigates the extent to which firms have shifted away from equity.

june02-frs17-ralfe-gif

The new accounting standard FRS17 that has been vexing the UK pension fund industry, predominantly because of the volatility it brings to firms’ balance sheets, is being touted as a driver towards increased pension fund investment in bonds. Furthermore, investment banks argue that the standard will encourage funds to extend their investment beyond gilts to all parts of the credit spectrum. For its part, the pensions industry appears less certain.

There seems on the surface at least to

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

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 individual account here