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
The Democratic presidential candidate may also have shown his cards on his choice of running mate.
The US president also shared a post on Twitter accusing Dr Anthony Fauci of misleading the public over hydroxychloroquine.
Fears over an impending second wave of coronavirus dominates Wednesday’s front pages.