Warren East, 51, is to step down on 1 July and will be replaced by Simon Segars, the current group president at the Cambridge-based company.
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3.
"Quantitative easing makes it more expensive for employers to provide pensions and will weaken the funding of schemes as their deficits increase, " said Joanne Segars, chief executive of the NAPF.
BBC: Bank of England injects further ?75bn into economy