Evert Giesen
- Features
Interest rate risk matching for pension funds
New regulations such as IFRS require pension funds to bring their interest-rate risk more in line with the interest-rate risk of their liabilities. This usually means that the duration of the fixed-income portfolio needs to be extended or the allocation to fixed-income investments increased. The latter would mean that there ...
- Features
Credits: an affordable solution to matching problems
Recent market volatility has shown that market developments can wipe out pension fund reserves rather quickly. This has forced plan sponsors to increase pension fund contributions sharply. However, volatility in these contributions is considered undesirable as it has a direct impact on plan sponsors’ results. In addition, new regulation will ...
