New governor: new approach?

Squire Sanders' Matthew Giles and Nathan Gunn consider the potential impact of a new Governor of the Bank of England on schemes

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As the new governor of the Bank of England takes office, the pensions industry will be watching closely for any early signs of a change in monetary policy.

With pension arrangements highly vulnerable to market conditions, even a subtle change in the Bank's emphasis can have a significant impact on defined benefit plan funding positions or the incomes ...

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