Pension funds have been warned that there is room for interest rates to fall even further after the European Central Bank (ECB) slashed rates in the eurozone.
The ECB cut its benchmark interest rate from 0.25% to 0.15%, and pushed the deposit rate into negative territory at -0.1% yesterday. Punter Southall head of investment consulting Danny Vassiliad...
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, 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
