Pensions
Funding for UK Pension Protection Fund Plans Rises Slightly in June
The aggregate funding ratio for the more than 5,000 British pension plans remained unchanged at 149.4%.
Tag: Bank of England
Risk
If a Hesitant Fed Won’t Cut, Other Central Banks Will, Says Ned Davis
Chair Jerome Powell declares that the Federal Reserve is in no hurry to reduce rates due to sticky inflation.
News
Bank of England to Apply Stress Tests to Pension Funds, Hedge Funds, Asset Managers
The exercise aims to increase understanding of banks’ and other financial institutions’ behavior in stressed market conditions.
Regulation
UK Launches Green Finance Strategy
The British government hopes to raise more than £1 billion annually toward reaching net zero by the end of the decade.
Newsmakers
BT Pension Plan Lost £11 Billion in Buildup to U.K. Bond Meltdown
Despite the steep loss, CEO Morten Nilsson says there is ‘no worsening’ in the plan’s funding position.
Asset Allocation
U.K. Pensions Doom Loop May Not Be Over
Rebalancing pension portfolios in the wake of the LDI crisis may prove difficult.
Market Moves
Fright Among British Pension Funds as Bonds Buying Ends
Bank of England says it is ceasing support for gilts on Friday, as plans face punishing margin calls amid tanking fixed-income values.
Risk
British Pound Falls to All-Time Low Against the Dollar Amidst Political Turmoil
The Bank of England announces emergency measures as U.K. pensions get squeezed in Gilt rout.
Alternatives
A Crypto Crackdown? Yardeni Sees One Coming
The economist joins numerous government leaders these days who want to regulate or ban the digital currency.
Asset Allocation
Riskier Pension Investments Have UK Watchdog Group on Alert
Moves to counter low yields can expose plans to greater losses, less stability.
UK Corporate Pension Funded Levels Rise in February
Brexit expected to bring higher volatility and deficits for pensions.
Newsmakers
Bank of England Keeps Rates at 0.75%
Brexit impacts, CPI drops among central bank’s worries.