The increase from 2.1% puts further pressure on the Bank of England
The BoE’s Monetary Policy Committee has voted unanimously to maintain the bank rate at 0.1%
Maria Nazarova-Doyle says investments in nature will meet pension fund needs
ONS data shows this is the fastest pace in inflation growth in almost two years
While the pensions sector is one of the most vulnerable to climate change risks, it has the ability to single-handedly shift the conversation on climate, experts say.
The Bank of England’s monetary policy committee has voted unanimously to hold its key interest rate at 0.1%, with the central bank now forecasting a stronger outlook for GDP growth and inflation.
Opportunities for defined benefit (DB) schemes to pursue investment approaches that help repair the UK’s economy cannot stand in the way of improving member outcomes, Aegon says.
The Bank of England (BoE) has voted unanimously to increase its purchase of UK government bonds by £150bn and to maintain rates at 0.1%, shunning rumours of a move towards negative interest rates.
Supply will need to be rebuilt following the forced shutdown, potentially pushing up inflation and reasserting the need for adequate hedges, writes James Phillips
Around £6bn of UK pension fund monies should be invested in a National Renewal Fund aimed at recapitalising 21,000 growth economy businesses, a report suggests.