Pensions In-Depth: Saving DB

The Pensions Trust's Stephen Nichols explains why DC really is worse for members

clock

In the latest of PP's Pensions In-Depth interviews, Sebastian Cheek talks to The Pensions Trust chief executive Stephen Nichols about the continued move to defined contribution and the possibility that defined benefit might in some way be salvaged.

SEBASTIAN CHEEK: Stephen, you have said in the past you think defined benefit type provision can be saved – is this still the case? STEPHEN NICHOLS: I think it is essential that defined benefit ...

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

Most believe professional trustee role needs to 'evolve'

Most believe professional trustee role needs to 'evolve'

LCP says professional trustees are entering a ‘new phase’ of the DB market

Martin Richmond
clock 25 August 2026 • 3 min read
Buyout no longer the default as sponsors review long-term pension strategies

Buyout no longer the default as sponsors review long-term pension strategies

IGG research finds only one in ten DB schemes are targeting buyout ‘as soon as practical’

Martin Richmond
clock 20 August 2026 • 2 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 05 August 2026 • 1 min read
Trustpilot