Gilt yields posted a surprise rise yesterday, despite fears of longer-term falls which could significantly increase scheme liabilities.
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...
The Bank of England's Monetary Policy Committee has announced it will embark on a second round of quantitative easing - what's your view? Will this be a positive move for schemes?
Invesco's John Greenwood has warned further QE in the UK is unlikely to lead to a rebound in economic growth as he said there was "no quick fix" to the country's economic woes.
The Bank of England move to undergo a second round of quantitative easing will be a ‘Titanic disaster' for both schemes and pensioners, Saga says.
Employers will accidentally bring their auto-enrolment staging date forward if they fail to separate current scheme members in receipt of benefits out of the company payroll, a legal expert warns.