Long ReadFeb 9 2023

The impact of rising gilt yields on pensions

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The impact of rising gilt yields on pensions
UK government gilt yields are around 2 percentage points higher than they were this time last year. (FT Montage)

Following the global banking crisis that started in 2008, the yield on UK government gilts has been on a steady decline, with the EU referendum in 2016 and the impact of the Covid pandemic in 2020 compounding this decline even further.

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