BoE adds to DB woes as stimulus struggles to ease covenant strain

On the go: The Bank of England's decision to slash its base interest rate to 0.25 from per cent 0.75 per cent will swell defined benefit liabilities, according to experts, who doubt the ability of monetary policy to ease covenant concerns but say Budget measures may offer some help.

Register now for FREE to read this article

If you are already a registered you can SIGN IN now

Register today for free!

It’s quick and easy, and as a registered user you’ll have full access to all Pension Expert articles. You will also be able to recieve editorial emails.

  • Full access to all news, analysis and expert comment
  • The latest industry insights delivered to your inbox on a Tuesday and Thursday morning
  • The Friday Takeaway newsletter reviewing the major events of the week
  • Bookmark your favourite articles for easy review
  • Hear about and register to attend Pensions Expert and DG Publishing events