The Governor of the Bank of England has denied quantitative easing has accelerated the decline of defined benefit provision.
Mervyn King told the Lords Economic Affairs Committee that the demise of DB provision "cannot be laid at the door" of QE. He said: "The very unfortunate demise of defined benefit plans to a larg...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders