Why financial repression is ruinously expensive and permanently damaging for pension schemes

Counting the cost of QE

Stephanie Baxter
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Ultra-low interest rates have forced pension funds to make big structural and investment changes which could cause lasting harm, according to research. Stephanie Baxter analyses the findings.

At a glance Schemes warn financial repression is damaging pensions DB schemes have tried to cope through structural changes QE is speeding up shift away from risk sharing   ...

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