pensionsandsavings.com

  • PENSIONSANDSAVINGS.COM

    From Ros Altmann:economist and pensions,
    investment and retirement policy expert

    • pensionsandsavings.com

    pensionsandsavings.com

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    Tag: low interest rates

    Blinkered Bank of England ignoring dangers of low rates as economy picks up

    Blinkered Bank of England ignoring dangers of low rates as economy picks up

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    4  September 2013 Bank of England should take off its blinkers and look at the economic evidence Low rates are distorting economy – causing borrowers and savers to take too much risk MPC should consider a small rise in rates now As the Bank of England Monetary Policy Committee meets, I urge its members to look carefully at the evidence showing a stronger UK economy and start the process of increasing interest rates to more sustainable levels.  Ultra low interest…

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    If Savers are all doomed, so are the rest of us in the end

    If Savers are all doomed, so are the rest of us in the end

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    August 18, 2013 at 7:27 pm I have just read a blog which once again suggests that those who save cannot expect returns because times are tough and everyone should expect to do badly at the moment.  The blog discusses its views on ‘Why @SaveourSavers are doomed’.  You can read it here: http://leftoutside.wordpress.com/2013/08/18/why-saveoursavers-are-doomed/ This is my response: Demands for higher interest rates are not necessarily demands for transfers from people in the future to people in the present. Indeed demands…

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    Following the Bank of England’s statement

    Following the Bank of England’s statement

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    7 August 2013 Three more years of misery for savers and pensioners Rates remaining at emergency levels whilst there is no emergency Relying on borrowing and house price inflation to drive growth is how we got into the crisis Anyone approaching retirement and potentially buying an annuity, anyone running a pension scheme and anyone saving for their future will have been disappointed by today’s masterly statement from Mark Carney, potentially promising three more years of emergency, ultra-low, interest rates. The…

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    Low rates still damaging firms with pension liabilities

    Low rates still damaging firms with pension liabilities

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    7 August 2013 Here is my latest piece, looking at the recent figures on UK pension deficits.  Firms are still struggling with the effects of QE and continued low interest rates, plus above target inflation.  I hope that Mr. Carney will not overlook these negative effects of low rates, although I fear it is not an issue he will take seriously. Do give me your thoughts.  Comment below. FTSE 100 pension deficits still rising despite strong markets and higher employer…

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