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QE boosts Bank of England deputies' pension pots

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    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?

    #2
    We're all in this together.

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      #3
      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.

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