Mark Carney

PP examines what the latest inflation report means for schemes

UK inflation will probably tumble below 1% within the next six months after hitting a five-year low of 1.2% in September, the Bank of England (BoE) governor has said.

The Bank of England (BoE) has kept interest rates at a record low of 0.5% for the 65th consecutive month.

What impact will the interest rate discussion have on markets?

Pension scheme funding levels have been eroded by falling bond yields, according to JLT Employee Benefits (JLT EB).

The outgoing Bank of England (BoE) deputy governor Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.

Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.

UK shares held on to modest gains this morning after the final reading for UK GDP growth in the first quarter was held at 0.8%.

Bank of England (BoE) governor Mark Carney has warned the 2% target for inflation has become a "dangerous distraction" for the UK's policymakers.

Natasha Browne asks what the latest inflation report means for pension schemes