During the last few weeks, most pension funds have experienced a material decline in their coverage ratios and the hope for a return to a positive interest rate environment in the mid-term seem to have been eroded. While we advise, in general, to remain calm during the current period of market turmoil and to stick to your long-term investment strategy, most pension funds will need to consider the implications of the current events, even if they result in inaction.
In our short paper “A Double Hit for Pension Funds?”, we summarize key action items you should consider in the near term and once the dust settles. In addition, we take a look at mitigating actions on the liability side. Klick on the image below to download the paper now.