LCP report shows failings in this area have been very costly for some UK schemes
By adopting a more sophisticated investment approach, the firms will achieve better use of their capital and consistent investment outperformance, argues Yasheen Rajan.
UK Insurers that operate defined benefit pensions can reduce the cost of their regulatory capital if they take a more holistic view, says Yasheen Rajan
It should enable decisions to be made faster in volatile markets
More downgrades may result
Pressure on pricing and profitability is the result
Without their usual solid investment returns to fall back on, insurers will have to work harder to make a profit in 2009. Helen Yates considers their options.
Making assumptions about uncertainty far into the future, as insurance companies have to, is fraught with difficulty, especially as the data is limited beyond 10 years. Steffen Sorensen of Barrie & Hibbert explains how to tackle this problem.
The firm is using it to branch out into investment consultancy
Winding down the legacy portfolios could prove more costly and more complex than predicted