Schemes closed to existing members to double in 12 months

Jonathan Stapleton
clock

The number of schemes closed to existing members will double over the next year, Hewitt Associates warns.

The consultant's research showed nearly 20% of the 154 schemes it surveyed had now closed to defined benefit accrual - with a potential doubling of that figure expected over the coming year. Hew...

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

Partner Insight: The billion-pound blueprint - how large schemes are driving innovation in bulk annuities

Partner Insight: The billion-pound blueprint - how large schemes are driving innovation in bulk annuities

Hannah Brinton, Partner, Aon
clock 11 December 2025 • 4 min read
Mixed opinions over whether DB surplus payments will encourage run-on

Mixed opinions over whether DB surplus payments will encourage run-on

PP survey finds no industry agreement on whether DB surplus plans will encourage schemes to run-on

Martin Richmond
clock 11 December 2025 • 2 min read
Partner Insight: Member experience - A key factor in insurer selection

Partner Insight: Member experience - A key factor in insurer selection

Jamil Merali, Associate Partner, Aon
clock 10 December 2025 • 4 min read
Trustpilot