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With many UK trustees and investment professionals working tirelessly to protect DB members’ benefits in light of rising gilt yields, the situation has been a stark reminder of the responsibility the pensions industry has in safeguarding members' retirement funds. Barnett Waddingham’s David Barnett and Ali Tayyebi sat down to give their immediate thoughts on how rising inflation is affecting both DB and DC pensions. They dispel the misconception that DB members aren’t impacted by inflation rises, detail how DC schemes are mitigating risks, and highlight what support members should be offered during the cost-of-living crisis. |
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