The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, economist David Miles says.
Financial Times Miles, a member of the Bank's interest-rate setting committee, said a substantial third round of emergency bond-buying would trigger a recovery. In an interview with the FT, he said:...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.