High inflation and rising interest rates: Should Trustees be worried?
Many in the pensions industry have never experienced high inflation and high interest rates in their working lives.
There is plenty of commentary to say that the current fuel crisis, high inflation and rising interest rates will be a short term blip rather than a repeat of the 1970s. Blip or not, now is the time for Trustees to reassess what the current economic situation means for their schemes. Good risk management is about reacting appropriately to evolving circumstances.
The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.