The government's use of quantitative easing has given pension funds a boost, Bank of England economist David Miles claims.
The claim comes after insurers said QE has driven annuity rates to an all-time low, worsening pensioner poverty. Miles, an external member of the Bank's monetary policy committee, admitted QE dr...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
