The UK government's call for consultation is an important opportunity for our industry. We share our views and solutions.
Peak gilts, innovation and running on
It has been a tumultuous 18 months for the gilt market and the UK pension industry. We believe that we have now reached the point of ‘Peak Gilts’ and are due to enter the ‘age of net seller’. Alongside this, the call for consultation for defined benefit pension schemes has given the industry an opportunity to input on the changes that can be made to benefit members, sponsoring employers and the UK economy. For a change to happen, there has to be innovation and action.
We discuss how “running on” – continuing to invest Scheme assets, rather than buying out, can provide a solution to address better outcomes for all parties. A solution backed by an independent third party provider which requires no change to regulation and can be implemented immediately is an opportunity to capture this pivotal moment.
Disclaimer Van Lanschot Kempen Investment Management (UK) Limited (VLK IM) is a company registered in England and Wales with company number 02833264. Van Lanschot Kempen Investment Management Ltd is authorised and regulated by the Financial Conduct Authority (“FCA”) with Firm Reference Number 166063.
Registered office: Octagon Point, 5 Cheapside, London, EC2V 6AA.
Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.