
Riskier Pension Investments Have UK Watchdog Group on Alert
Moves to counter low yields can expose plans to greater losses, less stability.
Eco-investment scheme tops list of more than 600 convicted frauds.
Pension’s unfunded liabilities making it difficult to hire, retain teachers.
Firm assumed annuitants were dead or unreachable if they didn’t respond to two mailings.
Only 30% of plans have processes to manage ESG risks.
But then he expects a rebound that will send the market up again in the second half.
Large company plans gain a point, to 87%, Willis Towers Watson says.
Slowing global economic growth, China’s economic rebalancing, and European uncertainty top the consultancy’s list.