UK - JPMorgan Fleming - in conjunction with IPN's sister publication Professional Pensions - has launched its fifth and most ambitious annual defined contribution survey.
The survey – which in the past has targeted the top 350 UK pension schemes – will this year invite the top 1000 pension schemes to take part to establish “a comprehensive picture of key trends in the UK pensions industry”.
Previous years’ surveys have highlighted some important trends and attitudes in the pensions market, including the move from DB to DC schemes and pension plans’ reactions to the government’s simplification proposals.
Relationship manager Karen Roberton – launching the JPMorgan Fleming Annual Defined Contribution Industry Survey 2004 – said: “Last year’s survey uncovered that 50% of all pension schemes surveyed were offering staff a DC option, up from 39% in 2002.
“However a hard core group of UK pension schemes were resisting the move to offer DC to members.”
Roberton said she was keen to broaden the survey to see if the trends revealed over the last four years were truly representative of the wider market.
“We were particularly interested in including many smaller and medium-sized UK pension schemes to see what provisions they are making. Whether the trends we have identified in the past, exist in the broader pensions market, will be of great interest to us.”
Results will be made available in April 2004 and each company participating will receive a detailed copy of the survey’s findings. Pension schemes interested in taking part in this survey can contact Karen Roberton on 020 7742 5076.
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