Were the UK pension plan funds simply the canary in the gold mine?
This week we ask if the wobble experienced by UK pension plan funds, last week, was simply the canary in the gold mine for the international economic climate. UK pension plan funds came under significant distress after the dropping rate of gilts activated margin telephone calls amounting to even more than ₤ 100 million (US$ 107 million) last week. The article Were the UK pension plan funds simply the canary in the gold mine?
This week we ask if the wobble experienced by UK pension plan funds, last week, was simply the canary in the gold mine for the international economic situation. UK pension plan funds’absence of liquidity is just the initial mistake line in a falling apart economic structure. UK pension plan funds came under significant distress after the dropping cost of gilts activated margin phone calls amounting to even more than ₤ 100 million (US$ 107 million) last week. The ‘great objectives’ were from UK regulatory authorities that pressed personal pension plans right into financial investments called liability-driven financial investments, also known as LDIs. The message Were the UK pension plan funds simply the canary in the gold mine?
