Defined benefit scheme membership has fallen from 46pc of the workforce to 35pc in just eight years, latest figures from the Office for National Statistics reveal.
Its Pension Trends report also found that membership of private pension schemes fell from 40pc of the 35.4 million working age population to 39pc between 2003-04 and 2004-05. Conservative work and...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
