Calm in the eye of the storm


As the current turbulence in the financial markets unfolds, occupational pension schemes are in for a bumpy ride over the next few months. Schemes which had exposure to Lehman (either through equity or bond investments or as counterparty) will already be looking at the implications. Our experience to date is that the fallout has in many cases been minimised by swift action by managers. But, with the financial instability far from over, what lessons can be learned to help schemes be prepared for further shocks? This Alert looks at the investment dimension.

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