Friday Buzz: Low interest rates harmed DB and DC savers

clock

This week, Buzz respondents said low interest rates have been damaging to both defined benefit (DB) and defined contribution (DC) savers.

They said low rates brought about by quantitative easing (QE) damaged annuity rates and drove up DB liabilities. Most participants said the trivial commutation rules should be simplified, and th...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

CMI data shows record low death rates in 2024

CMI data shows record low death rates in 2024

Mortality was nearly 4% lower in 2024 compared to the previous year

Holly Roach
clock 16 January 2025 • 1 min read
UK economy swings back to 0.1% growth in November 2024

UK economy swings back to 0.1% growth in November 2024

Real GDP showed no growth in the three months to November

Cristian Angeloni
clock 16 January 2025 • 3 min read
Government warned against 'hazardously ambitious' LGPS proposals

Government warned against 'hazardously ambitious' LGPS proposals

The industry responds to the government’s consultation on the future of the LGPS

Holly Roach
clock 16 January 2025 • 7 min read
Trustpilot