Bond rout's £20bn hit to top UK pension fund
The Universities Superannuation Scheme looks after the pensions of 460,000 higher education workers, past and present.
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The Universities Superannuation Scheme looks after the pensions of 460,000 higher education workers, past and present.
The pension plan was forced to sell 'a large proportion of its equity holdings' to meet urgent cash calls after Kwasi Kwarteng's mini-Budget.
The pension plan was forced to sell 'a large proportion of its equity holdings' to meet urgent cash calls after Kwasi Kwarteng's mini-Budget.
As pension funds seek out riskier assets, some have been left increasingly exposed
MPs hear evidence of risky ‘liability driven investing’ which some blame for recent bond market meltdown