The Bank of England's Monetary Policy Committee has announced it will embark on a second round of quantitative easing - what's your view? Will this be a positive move for schemes?
Andrew Short explores the potential effects on pension schemes from the Bank of England's decision to embark on a second round of quantitative easing.
UK - The Bank of England has increased its quantitative easing programme by £75bn ($114bn) in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.
Invesco's John Greenwood has warned further QE in the UK is unlikely to lead to a rebound in economic growth as he said there was "no quick fix" to the country's economic woes.
The Bank of England has increased its quantitative easing programme by a more than expected £75bn in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.
The Bank of England move to undergo a second round of quantitative easing will be a ‘Titanic disaster' for both schemes and pensioners, Saga says.