Buzz: Low interest rates harmed DB and DC savers

clock • 2 min read

An unprecedented period of ultra-low interest rates has harmed both defined benefit (DB) schemes and defined contribution (DC) savers, say Buzz respondents.

The Bank of England (BoE) base rate has been stuck at 0.5% for five years now, and analysts do not expect it to rise before this year. Almost six out of ten respondents said both DB and DC schem...

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