LONDON, July 21 Britain's finance ministry said
on Monday that it expects little lasting market impact from its
major reforms to employee pension schemes, and continued strong
demand for British government and corporate bonds.
"The government believes that the overall impact on the
existing defined benefit asset base is likely to be limited,"
the finance ministry said after consulting with industry.
"It is expected that there will still be a strong continuing
demand for high quality fixed income assets, including
government and corporate bonds," it added.
Some pension schemes may need to invest some of their money
in more liquid assets, it also said.
* For a detailed article on the reforms, see
(Reporting by David Milliken)