Bank of England

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

Investment

BoE: Interest rates may rise faster than expected

Interest rates may increase faster in the future than financial markets have priced in, the Bank of England's (BoE) deputy governor has said.

clock 04 August 2017 • 2 min read
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