UK - Employers with defined benefit pension schemes contributed on average 19% of pensionable wage to their schemes in a bid to reduce deficits, compared to an average of just 6% from employers sponsoring defined contribution schemes.
According to the National Association of Pension Funds’ annual survey 2005, 53% of respondents increased employer or member contributions to their pension schemes, or made one-off contributions in ...
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