The Bank of England's decision to start quantitative easing on the beleaguered UK economy will have massively adverse effects on pension scheme liabilities, consultants warn.
The bank said an initial £75bn tranche of up to £150bn would be used to buy back assets from banks - predominantly gilts - in order to increase the supply of money and boost the UK economy. How...
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
