The Governor of the Bank of England has denied quantitative easing has accelerated the decline of defined benefit provision.
Historically low yields on government bonds are forcing scheme sponsors to put liability management plans on hold and reassess how liabilities are measured, a consultant says.
Towers Watson has downgraded global ten to 15-year government bonds to "highly unattractive" - warning premiums can no longer compensate pension schemes for taking duration risk.
The growth of long lease property funds could provide some shelter from rental volatility for pension scheme investors, argues KPMG.