UK - Nearly three quarters (73%) of defined benefit schemes do not expect to be fully funded in five years time, although the figure falls sharply to 16% over ten years, a survey by the NAPF has found.
Other key findings of the survey included the fact one third of private sector DB schemes were still open to new employees, while more than half of people saving in private sector DB schemes today ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date