BoE sells £750m of gilts, and Agfa Pension Plan completes £200m buy-in with Standard Life
The move marks the start of the bank’s quantitative easing programme unwind
Members need to know their DB pensions are safe and that they will not lose out
The committee will look at the impact on DB schemes of the recent volatility in gilt yields
What have we learned from the past few weeks and what needs to change in the LDI sector?
BoE responds to Treasury Committee and DWP announces it will extend the DAP notice period
The situation went from ‘ringing you to let you know' to shouting on the phone in two days
Deputy governor explains why additional purchases in index-linked gilts were necessary
Chancellor makes emergency statement as BoE confirms ends of gilt market purchases
Move comes a fortnight earlier than planned