The Bank of England yesterday signalled it was ready to pursue more quantitative easing after plunging inflation forecasts, raising further spiralling deficit concerns for schemes.
Banking analysts and economists said a further £50bn could be pumped into the economy as early as next month following the central bank's latest inflation report, which predicted Consumer Prices Index...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter