BoE action leads to stabilisation of long-term UK government bond yields
Levy cut comes as lifeboat funds redefines funding objective as ‘maintaining resilience’
Intervention stabilises market after schemes rush to sell bonds to meet collateral calls
BoE says purpose of these purchases will be to restore orderly market conditions
Cash calls running at billions of pounds a day a report from The Times says
Those currently approaching retirement are likely to experience large falls in fund values
Yields on benchmark UK government bonds have risen more than four-fold during 2022
Common errors prompts regulator to remind employers of their duties under AE
Use of regulatory powers remained steady in most areas with some notable exceptions
Yields on benchmark UK government bonds have risen more than four-fold during 2022