The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, economist David Miles says.
The Bank of England's Monetary Policy Committee voted five to four to maintain quantitative easing at £325bn this month, overruling the governor and three colleagues who called for further expansion.
The Bank of England's monetary policy committee has resisted calls for further quantitative easing and has left its programme of stimulus unchanged, while holding rates.
UK schemes achieved an average return of 4.3% on investments last year led by gilt returns of more than 20%, a study shows.
The Governor of the Bank of England has denied quantitative easing has accelerated the decline of defined benefit provision.
The government's use of quantitative easing has given pension funds a boost, Bank of England economist David Miles claims.
The Bank of England's move to increase quantitative easing by £50bn will prolong low gilt yields for a further 12 months, adding further strains on pension funding positions, experts say.
In the first part of our run-down of the most read Professional Pensions Online articles in 2011, we look at the top 10 features during the year.
The Bank of England yesterday signalled it was ready to pursue more quantitative easing after plunging inflation forecasts, raising further spiralling deficit concerns for schemes.
NAPF chairman Lindsay Tomlinson explains why quantitative easing is so bad for UK pension schemes...