Half of FTSE directors still in DB; pot value averages £2.8m

clock

Almost half of FTSE100 directors are either still members of open defined benefit schemes or retain benefits under closed schemes, according to research by Incomes Data Services.

And the value of the UK's top company directors' final salary pension pots averages £2.8m, which could buy an annuity worth more than £170,000 a year. The research by IDS - an employment informa...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SPP launches guides for those in early stages of pensions career

SPP launches guides for those in early stages of pensions career

Organisation has produced several ‘bite sized’ videos for early career pension professionals

Jasmine Urquhart
clock 06 January 2025 • 1 min read
Buzz: What will your scheme be tackling in 2025?

Buzz: What will your scheme be tackling in 2025?

Dashboard staging dates, bulk annuity market insurers and 2025 new year’s resolution

Professional Pensions
clock 06 January 2025 • 1 min read
Pension recruiter Zatori completes share buy-back

Pension recruiter Zatori completes share buy-back

Specialist recruiter says move is ‘natural progression’ for its business

Jonathan Stapleton
clock 06 January 2025 • 1 min read
Trustpilot