BoE claims QE boost to equities offsets annuity rate fall

clock •

The government's use of quantitative easing has given pension funds a boost, Bank of England economist David Miles claims.

The claim comes after insurers said QE has driven annuity rates to an all-time low, worsening pensioner poverty. Miles, an external member of the Bank's monetary policy committee, admitted QE dr...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Prime minister Andy Burnham confirms he will adjust triple lock

Prime minister Andy Burnham confirms he will adjust triple lock

Burnham revealed from 2030, the state pension will rise by at least prices or 2.5%

Isabel Baxter
clock 29 September 2026 • 1 min read
Triple lock 'cannot last forever'

Triple lock 'cannot last forever'

Prime minister Andy Burnham is rumoured to be looking at scrapping the mechanism

clock 29 September 2026 • 4 min read
News Digest: Burnham warned scrapping triple lock to fund social care would be 'almost electoral suicide'

News Digest: Burnham warned scrapping triple lock to fund social care would be 'almost electoral suicide'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 29 September 2026 • 1 min read
Trustpilot