The Bank of England have issued a report claiming the quantitative easing (QE) has not harmed pensioners and in some cases may have helped pension schemes.
In a paper published in response to a request by the treasury Select Committee for the Bank to explain the costs and benefits of its monetary policy.
The Bank has said: "The paper shows that QE also has a broadly neutral impact on a fully funded ‘defined benefit’ scheme. Moreover, the pension incomes of people coming up to retirement in a defined benefit scheme, whether fully funded or not, will have been unaffected by QE."
More top news
Government ministers from the UK, France and China attended the event.
Tonight investigates the increasingly sophisticated methods criminals are using to target the elderly and defraud them of their savings.
If you've been anywhere near Trafalgar Square today you'll notice something different.