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The Independent UK
The Independent UK
National
Vicky Shaw

Leveraged LDI pensions strategies ‘worsened last autumn’s financial turmoil’

PA Archive

The Pensions Regulator should be given a duty to consider the impact of the pensions sector on the wider financial system, according to a House of Lords Committee.

The Industry and Regulators Committee criticised the use of leveraged liability-driven investment (LDI) strategies by defined benefit (DB) pension funds, which it said played a significant role in the financial turmoil following the mini-budget in September.

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