King: QE has not led to the demise of DB

clock

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PLSA 24: DB schemes urged to plan carefully around productive investment

PLSA 24: DB schemes urged to plan carefully around productive investment

Conference session reminds attendees of the importance of DB schemes for member benefits

Jasmine Urquhart
clock 17 October 2024 • 4 min read
PLSA 24: Support for members post buyout must be 'ever evolving'

PLSA 24: Support for members post buyout must be 'ever evolving'

Survey finds 68% of members considered DB as their primary source of retirement income

Martin Richmond
clock 17 October 2024 • 3 min read
Partner Insight: Generating real value for members and sponsor with a protected run-on solution

Partner Insight: Generating real value for members and sponsor with a protected run-on solution

With over 5,000 defined benefit schemes in the UK, we recognise that one solution doesn’t fit all when it comes to considering end game options beyond transferring the entire scheme assets and liabilities to an insurer. Yet now, more than ever for well-funded...

Andre Keijsers, Van Lanschot Kempen Investment Management
clock 17 October 2024 • 4 min read
Trustpilot