Industry closes door on the re-opening of DB schemes

PP poll finds 63% of the industry does not believe UK employers will re-open DB schemes

Martin Richmond
clock • 2 min read
Industry closes door on the re-opening of DB schemes

A majority of the industry does not believe UK employers will re-open their defined benefit (DB) schemes, a Professional Pensions poll has found.

Results of last week's Pensions Buzz survey revealed 63% of respondents said they did not believe UK employers would follow the example of IBM, which reopened its DB scheme in the US in February. T...

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 Defined Benefit

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

Tender Watch: LGPS re-appoints Equiniti as admin software supplier

LGPS re-appoints Equiniti as software supplier on national framework for a further four years

Professional Pensions
clock 15 April 2025 • 1 min read
Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 April 2025 • 1 min read
Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Trustpilot