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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Managing surplus becoming 'increasingly important' strategic priority

Managing surplus becoming 'increasingly important' strategic priority

LCP says surplus sharing is rising up agendas, but most schemes still face endgame barriers

Holly Roach
clock 17 July 2026 • 2 min read
PPF 7800 aggregate surplus remains consistent in June

PPF 7800 aggregate surplus remains consistent in June

Lifeboat fund’s index shows surplus saw narrow increase of £0.2bn last month

Martin Richmond
clock 14 July 2026 • 3 min read
Increased DB funding levels driving more complex endgame decisions

Increased DB funding levels driving more complex endgame decisions

Hymans paper says DB schemes have entered a ‘fundamental’ new phase

Martin Richmond
clock 10 July 2026 • 3 min read
Trustpilot