What is a conventional pension annuity?
A pension annuity (often referred to simply as an annuity) is a product purchased with the proceeds of a pension
What is quantitative easing?
Quantitative easing (QE) is the Bank of England’s scheme to boost the economy by buying government debt. Essentially the Bank
What is a gilt?
A gilt is essentially a loan to the UK government. An investor in a gilt is essentially giving a loan