ONS reveals 25pc fall in DB membership over past eight years

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EMPLOYEE membership of defined benefit has fallen from 46pc of the workforce to 35pc in just eight years, latest data published by the Office for National Statistics reveals.

The government department’s report – Pension Trends – 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 200...

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