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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date