Research finds 73% of DB trustees plan to step down within three years

Fewer DB trustees plan to exit roles compared to last year but ‘burdensome’ regulations are ongoing concern

Jasmine Urquhart
clock • 2 min read
Most DB trustees plan to exit in the next three years, with several citing the regulatory burden
Image:

Most DB trustees plan to exit in the next three years, with several citing the regulatory burden

The majority (73%) of defined benefit (DB) pension scheme trustees are planning to exit their roles within the next three years, research by Charles Stanley has found.

The investment manager's poll of 67 professional pension trustees of UK DB schemes, completed last year, found three quarters of trustees plan to leave their roles before 2027. However, this is few...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

A £540m buy-in, L&G passes through integration testing with PDP and Broadstone partners with PE firm

Professional Pensions
clock 10 January 2025 • 1 min read
News Digest: The no-nonsense judge who gave divorced women a share in their husbands' pensions

News Digest: The no-nonsense judge who gave divorced women a share in their husbands' pensions

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 10 January 2025 • 1 min read
PPF improves gender balance in senior management roles

PPF improves gender balance in senior management roles

Lifeboat fund exceeds targets with women making up 48% of senior manager roles

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Trustpilot