Pension schemes 'can cope' with Pound's fall and UK borrowing cost rise as it's no Truss 'mini-budget' crisis

Pension schemes are in a “robust position” to deal with the soaring cost of Government borrowing and falling Pound, say experts.

Sterling fell to a fresh 14-month low on Monday, while UK government bonds, also known as gilts, continued to see 10-year yields hit highs not seen since 2008, and 30-year yields were at a record going back almost three decades.