Employers prepare for mass DB closures

clock

Almost every defined benefit plan in the UK has plans to reduce or axe current provisions in the future, a PricewaterhouseCoopers survey reveals.

In a further crushing blow to private defined benefit scheme members', just 6% of 179 employers said they expected to maintain DB schemes in their current form. This comes despite 87% of employe...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: Distributing surplus to members

Partner Insight: Distributing surplus to members

Nick Coates, Associate Partner, Aon
clock 31 October 2025 • 5 min read
Six pension funds formally announce intention to join LGPS Central

Six pension funds formally announce intention to join LGPS Central

Pool set to manage £100bn with total number of partner funds to be 14

Holly Roach
clock 30 October 2025 • 4 min read
Partner Insight: Run-off insurance for trustees - What you need to know

Partner Insight: Run-off insurance for trustees - What you need to know

Susannah Calder, Partner, Aon
clock 29 October 2025 • 4 min read
Trustpilot