The pension specialist, focused on defined benefit and hybrid schemes, is stressing that integrating bitcoin into pension schemes is “a bold step that reflects the forward-thinking nature of the trustees involved.”

The firm has now advised its first scheme on a 3 per cent bitcoin allocation in October. According to Cartwright, the move aligns with the undisclosed scheme’s long-term investment strategy, supported by robust risk management at both asset and scheme levels.

Cartwright director of investment consulting Sam Roberts says: “Trustees are increasingly looking for innovative solutions to future-proof their schemes in the face of economic challenges. This bitcoin allocation is a strategic move that, not only offers diversification, but also taps into an asset class with a unique asymmetric risk-return profile.

Source: corporate-adviser.com