Pension fund liabilities could soar as Bank of England hints at second round of QE

Pension fund liabilities could soar as Bank of England hints at second round of QE

Bank of England

Pension funds have been urged to consider investing in alternative asset classes after the Bank of England hinted at a second round of quantitative easing (QE).

Minutes from the latest monthly meeting of the Bank of England’s Monetary Policy Committee (MPC) suggest that the UK could see further QE measures introduced in the near future.

With pension funds already facing falling bond yields, pension advisers have warned that a second round of QE could further depress gilt yields, pushing up pensi