Altmann warns BoE interest rates will damage pensions

clock

Long-term low interest rates are damaging pensions and will cause another financial crash, Ros Altmann warns.

Saga director general Altmann gave evidence to the EU's Financial Stability Board Standing Committee at the Bank of England yeserday, as it considers the impact of low interest rates. This month...

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 Investment

Interest in run-off and run-on rises

Interest in run-off and run-on rises

UK schemes shift from recovery to readiness as stronger funding brings endgame into focus

Jonathan Stapleton
clock 02 December 2025 • 4 min read
Mobius reports sixfold rise in private market assets driven by growing DC demand

Mobius reports sixfold rise in private market assets driven by growing DC demand

Platform provider’s private market AUA have risen from £200m to £1.2bn over five years

Jonathan Stapleton
clock 02 December 2025 • 1 min read
OCIO becoming strategic choice for UK schemes

OCIO becoming strategic choice for UK schemes

GSAM says more UK scheme assets will switch to OCIO as corporates revaluate

Jonathan Stapleton
clock 28 November 2025 • 2 min read
Trustpilot