Blame will not solve the issues raised by the LDI crisis

By Carlo Svaluto MoreoloMay 2023 (Magazine)

The chain of events that led to the UK’s liability-driven investment (LDI) crisis, a high-profile inquiry by the UK Parliament, and a time of anxiety and introspection in the country’s pension industry, started well before then prime minister Liz Truss’s government and its somewhat reckless ‘growth plan’.