Bank of England

Defined Benefit

DB deficit climbs £40bn as rate rise fails to dent

The aggregate deficit of the UK's defined benefit (DB) schemes rose to £450bn over the course of November, PwC's Skyval index has recorded.

clock 01 December 2017 • 2 min read

Investment

Rate hike just 'symbolic' gesture for DB schemes

The Bank of England's (BoE) decision to increase interest rates for the first time in over a decade has been welcomed by the industry, yet the move will only be "symbolic" for most defined benefit (DB) schemes.

clock 03 November 2017 • 3 min read

Industry

Five stories you may have missed this week

This week's top stories included the Trades Union Congress calling for collective defined contribution schemes after finding a bad year of investment performance a year before retirement can leave savers £5,000 a year worse off.

clock 03 November 2017 • 1 min read

Investment

Bank of England raises rates for first time in over a decade to 0.5%

Follows rising inflation and GDP

clock 02 November 2017 • 2 min read

Investment

BoE interest rate decision - 'Market has got ahead of itself'

90% chance of rate hike priced in

clock 02 November 2017 • 3 min read

Industry

Windfall for pensioners as inflation hits five year high

LTA will rise to £1,030,000

clock 17 October 2017 • 2 min read

Investment

Inflation nears 3% in August but economists point to 'deflationary forces'

Up from 2.6%

clock 12 September 2017 • 3 min read

Investment

Sterling falls to eight-week low as uncertain economic outlook weighs

Fell almost 0.5% on Tuesday

clock 23 August 2017 • 1 min read

Investment

Inflation close to 'topping out' as CPI holds steady at 2.6% in July

Unchanged from previous month

clock 15 August 2017 • 1 min read

Defined Benefit

PPF 7800 continues upward trend as 26 schemes move into surplus

The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.

clock 08 August 2017 • 2 min read
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