Buy Side Must Exploit IT to Avert Pensions Crisis


LONDON--Pension fund managers must make better use of technology to reduce expenses and maximize returns as UK pension funds suffer negative returns, say consultants to the industry. Risk management tools and cost-cutting technology will help the industry face the prospect of continued shortfalls due to falling global equity markets and a population that is retiring earlier and living longer.

Sally Bridgeland, partner responsible for the SimIAn investment analysis product at actuarial and co