The global bond market sell-off putting retirement incomes increasingly at risk
“The currently tumbling bond market is pushing company pension deficits even further into the red. I would urge people to have their company pensions checked sooner rather than later. This is because it is likely that their values could fall further as most trustees have already made almost every change possible, such as raising retirement age and amending the amount of pension increases, yet the schemes remain extremely vulnerable.” Nigel Green, deVere Group’s founder and chief executive.
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The bond market sell-off threatening retirement incomes
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