Inflation a major risk for UK pension sector, warns Aviva scheme director

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UK pension schemes are facing a serious inflation risk as quantitative easing (QE) coupled with a high level of national debt could prompt a high inflation environment, according to a senior figure in the UK pension sector.

Speaking at an inflation seminar at Cass Business School in London this week, Chris Wagstaff, trustee director of the £7.2 billion Aviva staff pension scheme and head of investment education at Aviva Investors, warned that inflation was a significant threat.

"High inflatio