Contracting out - a dead man walking

The Budget rings an effective death knell for private sector provision, argues Michael Bow

clock

Private sector pension provision is dead - long live state benefits.

That was the message the coalition government signalled in its 2011 Budget last week after the Treasury revealed its intent to end contracting-out for defined benefit schemes. If scrapped, it w...

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 Industry

PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

PPI: Why the gender pension gap matters, how it is measured, and why monitoring helps

John Adams says a range of approaches could be used to calculate the GLC

John Adams
clock 26 February 2026 • 4 min read
News Digest: Traffic-light system for pensions heading down wrong road; Civil Service Pension Scheme hardship-loan update

News Digest: Traffic-light system for pensions heading down wrong road; Civil Service Pension Scheme hardship-loan update

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

Professional Pensions
clock 26 February 2026 • 1 min read
Buzz: Should councils consider LGPS contribution holidays to fund services?

Buzz: Should councils consider LGPS contribution holidays to fund services?

LGPS contribution holidays, DB scheme advisers and member wellbeing

Professional Pensions
clock 23 February 2026 • 1 min read
Trustpilot