gilts

The Pensions Regulator (TPR) has moved to relax rules governing some UK pension schemes as low gilt yields are leaving hundreds underfunded.

FIVE THINGS

John Walbaum puts forward a different approach to helping retirees attain a decent income.

The government's use of quantitative easing (QE) has given pension funds a boost, Bank of England (BoE) economist David Miles has claimed.

The Bank of England's decision today to pump an extra £50bn into the UK economy is likely to drive annuity rates down further, insurers have warned.

National Savings and Investments (NS&I) will reduce the interest rate on its direct saver accounts by 0.25% from today.

International investors are buying record amounts of UK government bonds as the Bank of England's £75bn QE programme spurs demand, with the yield on the ten-year gilt hitting a new record low.

Markets have struggled to gain further ground after the European Central Bank announced it had lent almost €500bn to banks in a three-year liquidity operation.

We look at key themes and events that have impacted investment over the past year.

Pensioners retiring today are 62% worse off than those who retired 20 years ago because of falling gilt yields.