Why should trustees care about interest rate rises?

David Brooks delves into what the fifth interest rate rise in a row means for schemes

clock • 3 min read
David Brooks
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David Brooks

Before we discuss why trustees should care about interest rate rises, I want to very quickly touch on why we are seeing an increase in interest rates.

To paraphrase Tony Blair, inflation, inflation and inflation. In March, the Office for Budget Responsibility predicted that inflation would peak at 8.4% at the end of 2022. However, the Bank of Eng...

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