The reduction in defined benefit schemes has resulted in an overall lower pensions coverage, research from Office for National Statistics shows.
Pre-auto-enrolment membership of workplace pension schemes fell to 46%, the lowest level since 1997, the ONS' 2012 Annual Survey of Hours and Earnings pensions summary showed. However, this split i...
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