The UK’s pension system has “major risks and/or shortcomings” which need to be addressed to improve its sustainability, according to the Melbourne Mercer Global Pension Index (MMGPI).
Sterling rose 0.5% in morning trading, after it was revealed UK inflation climbed to 1% in September, a 22-month high, surpassing economists' expectations and forecasts from the Bank of England's August Inflation Report.
The Debt Management Office (DMO) is set to issue a 30-year inflation protected bond as investors clamour for ways to protect against rising inflation.
Inflation measured on the Consumer Prices Index (CPI) increased to 0.6% in the year to July 2016 according to the Office for National Statistics (ONS).
A round-up of the key points after yesterday's rate cut by the Bank of England, and the introduction of what one economist dubbed its "bazooka surprise".
Financier Edmund Truell believes he can protect British Steel benefits. Michael Klimes examines the details
Pension Insurance Corporation (PIC) has invested £100m in infrastructure debt secured on the Thames Tideway Tunnel.
British pensioners will be worse off if the country votes to leave the European Union (EU) on 23 June the Treasury warns.
Fears of deflation have been exaggerated since the 2008 financial crisis according to former Bank of England (BoE) monetary policy committee member Andrew Sentance.
PP looks at a potential solution to the cashflow problem as schemes mature.