Why should trustees care about interest rate rises?

David Brooks delves into what the fifth interest rate rise in a row means for schemes

clock • 3 min read
David Brooks

David Brooks

Before we discuss why trustees should care about interest rate rises, I want to very quickly touch on why we are seeing an increase in interest rates.

To paraphrase Tony Blair, inflation, inflation and inflation. In March, the Office for Budget Responsibility predicted that inflation would peak at 8.4% at the end of 2022. However, the Bank of Eng...

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

Join now


Already a Professional Pensions member?


More on Defined Benefit

DB funding — May 2022: Ratios now at record high

DB funding — May 2022: Ratios now at record high

The funding position of the UK’s DB pension schemes improve sharply across all measures

Professional Pensions
clock 01 July 2022 • 6 min read
Industry Voice: Communicating openly

Industry Voice: Communicating openly

Sponsors and trustees of open Defined Benefit (DB) schemes face distinct challenges to communicate effectively with their members. Barnett Waddingham's Simon Taylor and Damian Stancombe discuss how best to engage and inform them.

Simon Taylor and Damian Stancombe @ Barnett Waddingham
clock 30 June 2022 • 4 min read
Tender Watch: Nest selects six legal suppliers

Tender Watch: Nest selects six legal suppliers

The master trust plans to establish a framework for the provision of legal services

Professional Pensions
clock 29 June 2022 • 1 min read