Private scheme contributions drop for first time

clock

Total contributions to private pension schemes in the UK dropped for the first time since records began after the recession kicked in, Office of National Statistics research shows.

The ONS' update of its Pension Trends publication revealed total contributions to private pension schemes fell from £85.8bn in 2007 to £82.1bn in 2008 - the start of the recession. The ONS said ...

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

XPS launches small DB scheme buyout solution

XPS launches small DB scheme buyout solution

XPS Catalyst designed to tackle the main barriers for small schemes

Martin Richmond
clock 03 December 2025 • 1 min read
TPT appoints independent advisers to DB superfund

TPT appoints independent advisers to DB superfund

Provider appoints four organisations to serve as advisers to DB superfund trustee board

Martin Richmond
clock 02 December 2025 • 2 min read
Partner Insight: Why many schemes aren't as data ready as they think

Partner Insight: Why many schemes aren't as data ready as they think

LexisNexis® Risk Solutions
clock 02 December 2025 • 1 min read
Trustpilot