interest rates

Structural imbalances in the gilts market have worsened since the central bank's QE programme faced major setbacks. Supply is squeezed and prices are distorted, pushing down yields yet again. Stephanie Baxter asks if we should be worried.

The Bank of England's latest bond-buying programme has hit a wall on its second day of operations as investors refuse to sell their long-dated government bonds.

The Pensions and Lifetime Savings Association (PLSA) has called for the Pensions Regulator (TPR) to "take a proportionate and flexible approach" to defined benefit (DB) scheme funding.

A round-up of the key points after yesterday's rate cut by the Bank of England, and the introduction of what one economist dubbed its "bazooka surprise".

This week's top stories were about speculation over a ban on defined benefit (DB) transfers, the Bank of England's interest rate cut, and the closure of advisory firm City Noble.

The Bank of England's decision to cut interest rates for the first time in seven years will keep gilt yields lower for longer, increasing scheme deficits which are already at record highs.

Additional QE and bond purchases

The industry has to be more flexible to make defined benefit (DB) schemes more sustainable during this time of economic uncertainty says Ros Altmann.

The triple lock on state pensions most likely to go due to Brexit according to PP research.

Andrew Milligan looks at what we can expect over the coming months as the industry comes to terms with the UK's decision to leave the EU.