Active membership of occupational pensions has increased by over two million but average contributions have halved says the Office for National Statistics (ONS).
According to its Occupational Pension Schemes Survey 2014, average contributions to defined contribution (DC) schemes which were 9.1% of earnings in 2013 fell to just 4.7%. Meanwhile active memb...
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