BoE
Bank of England move to negative rates would have limited impact on schemes
Any move by the Bank of England (BoE) to cut interest rates to zero or move them into negative territory would have a limited impact on well-hedged schemes, the industry says.
Bank of England cuts interest rates by 50 basis points
The Bank of England (BoE) has implemented an emergency cut in interest rates by 50 basis points in an attempt to stave off the “economic shock” of the coronavirus.
FCA's Bailey confirmed as Carney successor at BoE
Financial Conduct Authority (FCA) chief executive Andrew Bailey has been confirmed as the next Governor of the Bank of England (BoE).
UK inflation rises to 2.1%
UK inflation unexpectedly rose above target in July to 2.1%, just 24 hours after wage growth hit an 11-year high of 3.9% and the employment rate reached a fresh record.
Ed Balls: Consensus politics is a UK strength, but fragile now
James Phillips spoke to the former shadow chancellor at PBUK about how politicians must embrace the benefits of long-term policy creation through independent and cross-party thinking.
UK inflation hits 2.1% but monetary policy remains slave to Brexit
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.
Base rate rise 'serves as important reminder' to DB trustees over asset allocation
Yesterday's increase in the Bank of England's (BoE) base rate will not have an immediate significant impact on defined benefit (DB) scheme funding but schemes should reconsider their investment allocation, industry commentators have said.
Hermes fixed income head: UK could see rates cut next year
Hermes Investment Management's head of fixed income Andrew Jackson has warned the Bank of England (BoE) could cut interest rates next year, with rates having a bigger impact now than ever before.
Inflation holds steady at 2.4% in May
UK inflation stuck at 2.4% in May, missing analysts' estimates of a move higher and further cooling expectations on an interest rate hike from the Bank of England this summer.
How wide is the gender pay gap in pensions firms?
Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.
BoE hints at 'earlier' rate hikes as MPC adopts more hawkish stance
Held rates at 0.5%
Next UK rate rise will be in 2018, says industry
Respondents believe another rate rise is question of when, not if.
Have your say: When will the next interest rate rise be?
This week we want to know when you think the next UK base interest rise will occur and if investment consultants should take the lead on driving up cost disclosure.
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.
DB deficits fall 28% due to strong returns and BoE rate hike expectation
The collective deficit of defined benefit (DB) schemes fell 28% over the month according to the Pension Protection Fund's 7800 index.
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.
Dealing with rising inflation
Inflation is on the rise but how can schemes deal with this? Lynn Strongin-Dodds takes a look at the options.
Treasury committee to probe impact of QE and low rates on pensions
The Treasury select committee is to investigate how low interest rates and quantitative easing have impacted the economy since 2008.
What MPs are being told about the future of DB
MPs are considering a wide range of views on how to solve the DB 'crisis'. James Phillips rounds up the responses.
BoE: No evidence QE damages businesses with DB schemes
Further quantitative easing (QE) and cutting interest rates to 0.25% have not hurt businesses with defined benefit (DB) schemes, according to the Bank of England (BoE).
Could the UK experience the same fate as Japan?
Increased uncertainty around Brexit could lead to a prolonged period of low economic growth like that experienced by Japan. Charlotte Moore looks at what this will mean and how it can be prevented.
Working to strengthen DB
Graham Vidler highlights the key difficulties faced by defined benefit schemes.
