Spring 2024 Investor Agenda
Welcome to our Spring Edition of Investor Agenda.
Welcome to the Spring Edition of our Investor Agenda. In this edition, we focus on illiquid assets.
Firstly, we comment on the recent guidance from the Pensions Regulator in relation to investments in private markets. This builds on recent developments in this area, in particular the Chancellor’s 2023 Mansion House reforms. Investments in illiquid assets, including private market assets, present distinct complexities for defined benefit and defined contribution schemes, and we comment on some of these challenges and the developments we are seeing in this area.
Secondly, as pension schemes’ funding positions improve and many start to capitalise on the opportunity to further de-risk through bulk purchase annuities, we explore some potential solutions for trustees when considering how to deal with illiquid assets in the context of a buy-in and buy-out.
As ever, please do let us know if there are any specific topics you would like us to address in the next edition of Investor Agenda.
