Pension Funds Strongest Since 2011 Fuel Gilt Demand: U.K. Credit

2014-02-04T23:21:16-08:00February 4th, 2014|Categories: Defined Benefit Plans|Tags: , , |

Pension funds in the strongest financial position for 2 1/2 years are helping U.K. government bonds reverse the deepest losses since 1994. Bolstered by the best stock performance in four years and a surge in bond yields, pension funds have enough assets to cover 98 percent of their future commitments, the highest level since June 2011, according to the Pension Protection Fund. It means retirement plans can add to bond holdings as they seek predictable revenue and reduced vulnerability [...]