Superfund risk called into question by Bank of England governor

Hope William-Smith
clock • 2 min read

Bank of England (BoE) governor Andrew Bailey is understood to have warned against superfund consolidation of defined benefit (DB) pension schemes less than a week after the entities were given the green light by The Pensions Regulator (TPR).

Sky News has reported Bailey warned that the regulatory regime - unveiled by TPR last week as an interim measure before expected legislation - could pose a risk to financial stability. Bailey is...

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