ONS: DC membership jumps by 2m but contributions halved

Michael Klimes
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Active membership of occupational pensions has increased by over two million but average contributions have halved says the Office for National Statistics (ONS).

According to its Occupational Pension Schemes Survey 2014, average contributions to defined contribution (DC) schemes which were 9.1% of earnings in 2013 fell to just 4.7%. Meanwhile active memb...

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