QE knocks further £90bn off pension funds

[scooterscot]

Who here still thinks paying into a pension is better than BTL?

Quantitative easing has knocked another £90bn off the value of final-salary pension schemes, says the National Association of Pension Funds (NAPF).

The policy of QE, using electronic money to buy up government bonds, was started by the Bank of England three years ago to help stave off recession.

Source: BBC News - QE knocks further £90bn off pension funds, NAPF says

[AtW]

It's funny because one would have thought with rampart inflation business profits would grow and it would be easier for them to pay off pensions.

[Robinho]

It's fine, we can just print more money for the pensioners.

[Churchill]

It's funny because one would have thought with rampart inflation business profits would grow and it would be easier for them to pay off pensions.

Is that something to do with the cost of castles?

[AtW]

Is that something to do with the cost of castles?

[MarillionFan]

Is that something to do with the cost of castles?

Did some mention castles????

[Churchill]

"rampart inflation"

[eek]

Did some mention castles????

Yes thanks to QE all you can afford for the wedding will be

[AtW]

Did some mention castles????

[OwlHoot]

Is that something to do with the cost of castles?

Rampart inflation must be more to do with bouncy castles