Almost 1200 defined benefit schemes closed to existing members between 2000 and 2008, data from the Purple Book reveals.
One in five defined benefit schemes had closed to future accrual by March 2009. The book, an analysis of 6885 schemes by the Pension Protection Fund and The Pensions Regulator, showed mostly sm...
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
