As seen here from the Bank of England’s pensions report - over 80% of its own staff pension fund of £5billion was invested in dodgy LDI’s.

Perhaps the reason they were too slow to increase interest rates.

Please can a financial journalist investigate!

https://mybankofenglandpension.equiniti.com/media/2078/services-_-offg-_15676922_v_1_pension-fund-update-2022-web-final-13-september.pdf

🐦🔗: https://n.respublicae.eu/LanceForman/status/1622170558749089794