Investment

Trustees of the Meat and Livestock Commission Pension Scheme have completed a £150m pensioner buy-in with Aviva, prompted by a drop in the pricing of such deals.

Professional Pensions assembled a panel of three industry experts to talk about the key issues facing the global economy over the coming 12 months.

GLOBAL - The Investment Company Institute (ICI) has launched ICI Global, a London-based trade association focused exclusively on globally active funds - including regulated US and non US funds.

UK - The lastest round of quantitative easing has made gilts even more expensive and threatens to hasten the exit of international bond investors eager to crystallise profits,fund managers warn.

The lastest round of quantitative easing has made gilts even more expensive and threatens to hasten the exit of international bond investors eager to crystallise profits, fund managers warns.

Gilt yields posted a surprise rise yesterday, despite fears of longer-term falls which could significantly increase scheme liabilities.

Jonathan Stapleton on trustee codes of conduct

Sterling and gilt yields have dived following the surprise announcement by the Bank of England it is increasing its quantitative easing programme by £75bn.

Pension funds are calling for an urgent meeting with The Pensions Regulator to discuss ways of protecting UK pension schemes from the negative effects of quantitative easing.

The Bank of England has held interest rates at 0.5pc and increased the size on the Asset Purchase Programme by £75bn to £275bn. Here is the text of its statement in full...