Some 43% of defined benefit (DB) schemes are closed to future accrual, while just 4% are still open to new active members, according to analysis by Barnett Waddingham.
The results are based on the consultancy's annual survey on defined benefit (DB) schemes in the UK with assets over £1bn. This year's survey of 230 DB schemes was based on publically available d...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
