Communicating the pensions message
Stephen Tiley
Pension Funds Manager & Trustee
Stephen has a background in pensions management, trusteeship and financial regulation. He has a keen interest in consumer finance and investment issues.
Yields going negative?
Do we need to worry? Well luckily the Defined Benefit section is well funded and largely immune from lower yields because of the conservative investment strategy employed by the Trustee. This means the liabilities to pay pensions and other benefits are closely matched with the type of income producing investments needed to pay the benefits as they fall due. If higher rturns were sought then this would carry greater risk which the Trustee and WHSmith has decided is an unattractive proposition.
Award winning service provided to members
One of three awards for schemes managed by Stephen Tiley, Pension Funds Manager, WHSmith.
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