England’s Authorities Fear Pension “Doom Loop”
Posted on 06/26/2023
Last year, the Liz Truss administration hammered pension funds with tax reductions and economic reforms that took the juice out of retiree’s liability-driven investments. The Bank of England intervened and Truss was soon pushed out of office. Truss served 44 days and fellow Britons made jest over a lettuce that outlasted her, which she said…
