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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Mercer completes acquisition of SECOR Asset Management

Mercer completes acquisition of SECOR Asset Management

Mercer said acquisition expands the investment capabilities for its client base

Holly Roach
clock 02 May 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

CDC extension legislation, TPR annual DB funding statement and WPC report on DB market

Professional Pensions
clock 02 May 2025 • 1 min read
Industry split on whether Mansion House II will be positive step for DC schemes

Industry split on whether Mansion House II will be positive step for DC schemes

PP survey finds no consensus on whether new compact will be a step forward for DC sector

Martin Richmond
clock 02 May 2025 • 2 min read
Trustpilot