Darren Redmayne

From the blog: After its meeting on September 14, the Monetary Policy Committee issued its strongest guidance yet that it expects to raise interest rates from their historic 10-year low. 

 

Gilt yields, which are often used as the basis to measure defined benefit pension liabilities, have been driven lower by loose monetary policy and have caused UK DB pension deficits to swell to around £460bn.

 

So, will rising interest rates save the day for DB pensions? Sadly, probably not.

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