It has been a tumultuous 18 months for the gilt market and the UK pension industry. We believe that we have now reached the point of ‘Peak Gilts’ and are due to enter the ‘age of net seller’.  Alongside this, the call for consultation for defined benefit pension schemes has given the industry an opportunity to input on the changes that can be made to benefit members, sponsoring employers and the UK economy. For a change to happen, there has to be innovation and action.

We discuss how “running on” – continuing to invest Scheme assets, rather than buying out, can provide a solution to address better outcomes for all parties. A solution backed by an independent third party provider which requires no change to regulation and can be implemented immediately is an opportunity to capture this pivotal moment.

Disclaimer
This content has been prepared by Van Lanschot Kempen Investment Management (UK) Ltd. (‘’VLK Investment Management (UK)’’) for information purposes only. The information contained is of a general nature and should not be considered as the giving of investment advice by VLK Investment Management (UK) or any of its members, directors, officers, agents, employees or advisers. In particular, this document does not constitute an offer or invitation to enter into a transaction. Neither this document nor anything contained in it shall form the basis of any contract or commitment whatsoever. VLK Investment Management (UK) is authorised and regulated by the Financial Conduct Authority (Firm Reference No. 166063). No part of this document may be used without prior permission from VLK Investment Management (UK) Ltd.