Industry fears final death-knell for DB following UK Budget

clock •

The abolition of contracting-out has led industry figures to predict, again, the end of DB schemes in the UK, as Michael Bow reports

Private sector pension provision is dead – long live state benefits. That was the message the UK’s coalition government signalled in its 23 March Budget after the Treasury revealed its intent to en...

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 Defined Benefit

DB pension surpluses are back on the agenda

DB pension surpluses are back on the agenda

David Brooks looks at the arguments on how best to use pension surpluses

David Brooks
clock 14 September 2026 • 3 min read
DB scheme funding holds steady in August

DB scheme funding holds steady in August

Broadstone index shows steady funding as gilt yields up

Holly Roach
clock 11 September 2026 • 1 min read
PPF 7800 aggregate surplus rises by £2.3bn in August

PPF 7800 aggregate surplus rises by £2.3bn in August

Lifeboat fund’s index shows surplus rose to £273.6bn by the end of last month

Martin Richmond
clock 08 September 2026 • 2 min read
Trustpilot