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

Industry intends to implement DB surplus flexibilities, XPS finds

Industry intends to implement DB surplus flexibilities, XPS finds

Poll finds 58% of pension professionals intend to adopt new surplus flexibilities

Martin Richmond
clock 29 June 2026 • 2 min read
Run-on strategies creating 'safe harbour' opportunity for smaller schemes

Run-on strategies creating 'safe harbour' opportunity for smaller schemes

Zedra says current market presents a ‘valuable’ opportunity for smaller schemes

Martin Richmond
clock 29 June 2026 • 1 min read
DB schemes well-funded and on course for endgame, ACA finds

DB schemes well-funded and on course for endgame, ACA finds

ACA research shows 89% of schemes have set clear endgame strategies

Martin Richmond
clock 24 June 2026 • 2 min read
Trustpilot