UK Pension Black Hole Widens as Bank of England Predict Increase in Unemployment
[vc_row][vc_column][vc_column_text]Bank of England’s monetary stimulus depresses investment returns which is increasing pension gaps; joblessness predicted to hit 5.5% by the end of next year. Meanwhile the FTSE 100 is booming. It’s not just workers fretting about the yawning funding gaps in UK companies’ pension plans. In the aftermath of the Brexit vote, investors are getting worried as…