QE

The drop in inflation announced yesterday has paved the way for the Bank of England to begin another round of quantitative easing as early as next month.

Quantitative easing's impact on spiralling pension scheme deficits has been "exaggerated" and threatens to distract trustees from bigger funding problems, the Bank of England deputy governor said today.

Rachel Dalton examines the industry response to the guidance.

Quantitative easing has no proven effect on annuity rates, pensions minister Steve Webb claims.

The government's "loose" monetary policy of quantitative easing and low interest rates is diminshing retirees' income, a report by MPs concludes.

Historically low yields on government bonds are forcing scheme sponsors to put liability management plans on hold and reassess how liabilities are measured, a consultant says.

Labour's Rachel Reeves has attacked the government for forcing the Bank of England's to pursue its deficit-wrecking QE policy to "compensate" for its poor fiscal support.

Falling gilt yields have pushed schemes £90bn deeper into deficit since the second round of quantitative easing in October last year, the NAPF says.

Pension Corporation's David Collinson takes John Redwood to task

Bill Gross says there is too much paper, and too little trust