Total funding levels of defined benefit (DB) pension schemes have improved since January despite volatile markets and low interest rates, according to JLT Employee Benefits.
Defined benefit (DB) schemes have not had a good start to the year with falling oil prices and low interest rates according to JLT Employee Benefits.
Recent announcements from the Bank of England show a more cautious outlook for inflation. Helen Morrissey asks what this means for schemes.
Soaring deficits in 2014 have raised concerns as to the damage quantitative easing is doing to pensions. Ros Altmann takes a closer look.
UK inflation will probably tumble below 1% within the next six months after hitting a five-year low of 1.2% in September, the Bank of England (BoE) governor has said.
Two members of the Bank of England's Monetary Policy Committee voted for a 25bps rate hike this month, latest minutes show - the first call for hikes in over three years.
The Bank of England (BoE) has kept interest rates at a record low of 0.5% for the 65th consecutive month.
The outgoing Bank of England (BoE) deputy governor Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.
Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.