QE boosts Bank of England deputies' pension pots - Contractor UK Bulletin Board

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

BrilloPad replied

3 July 2012, 06:51
I saw the article and could not be bothered to open it - cheers for the summary.

As long as the plebs have football on their flat screen TVs they will not care about it.
Leave a comment:
TimberWolf replied

2 July 2012, 22:08
We're all in this together.
Leave a comment:
AtW started a topic QE boosts Bank of England deputies' pension pots

2 July 2012, 20:28
QE boosts Bank of England deputies' pension pots

"Charlie Bean, 59, and Paul Tucker, 54, the two Deputy Governors, saw the value of their final salary pension pots rise by £1.04m and £1.35m respectively last year due mainly to a fall in gilt yields. For Mr Tucker, it meant his pension pot increased by 37pc to £5m, while Mr Bean’s leaped 41pc to £3.56m. "

QE boosts Bank of England deputies' pension pots - Telegraph

WTF - they print money to artificially lower yields on gilts which fecks over everybody apart from Govt and those guys who have pension plans that get automatically topped up?
Tags: None

Working...

X