PLSA calls for 'proportionate' regulator response to BoE decision
The Pensions and Lifetime Savings Association (PLSA) has called for the Pensions Regulator (TPR) to "take a proportionate and flexible approach" to defined benefit (DB) scheme funding.
It comes as gilt yields fell to a new record low after the Bank of England cut interest rates to 0.25% and approved £70bn of quantitative easing measures on 4 August. Hymans Robertson estimates the...
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