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Evening Standard
Evening Standard
Politics
Vicky Shaw

Pension schemes in ‘robust position’ to deal with market fluctuations

United States the Pensions and Lifetime Savings Association Nicholas Mendes Hargreaves Lansdown Helen Morrissey DB PLSA
Pension schemes are in a ‘robust position’ to deal with market fluctuations, the Pensions and Lifetime Savings Association said (Gareth Fuller/PA) - (PA Archive)

Pension schemes are in a “robust position” to deal with market fluctuations, an industry body has said.

The pound 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.

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