ABI category reshuffle

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The ABI has created five sectors for life and pensions funds, which invest in fixed interest securit...

The ABI has created five sectors for life and pensions funds, which invest in fixed interest securities as part of its plan to restructure all of its performance categories. The new sectors include UK gilts, UK fixed interest, UK index linked bonds, UK long bonds and global fixed interest. These will replace the current three sectors of UK gilt & fixed interest, which has 103 members at present, international fixed interest with 22 and index linked gilts with 37. The UK long bonds is for pension funds that are specifically designed for those investors approaching retirement as in addition...

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