NATS 2001 pension holiday. A reminder.

[barstewards]

From "The Times" today:

"The Chancellor also responded to complaints from employers that the Bank of England’s money creation scheme, known as quantitative easing, was distorting the money markets and leading them to record growing shortfalls in final-salary schemes. He said that the Department for Work and Pensions would consult on allowing employers to smooth their valuation of assets and liabilities."