Scheme contributions for past employees set to soar

Jonathan Stapleton
clock

FTSE100 firms are set to spend more on pension payments for past employees than current staff for the first time over the next year, KPMG research reveals.

The accountancy firm's fourth annual pensions repayment monitor revealed the allocation of businesses' defined benefit cash spend between new benefits for existing employees and deficit funding for...

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

Quality member experience vital for DB schemes to avoid 'poorer member outcomes'

Quality member experience vital for DB schemes to avoid 'poorer member outcomes'

Hymans research finds over a quarter of DB members lack confidence to make decisions about their pension

Martin Richmond
clock 07 April 2026 • 2 min read
Partner Insight: What really matters to pension trustees when choosing a buy-in or buy-out partner?

Partner Insight: What really matters to pension trustees when choosing a buy-in or buy-out partner?

Alexa Mitterhuber - Director, Pension Risk Transfer, Standard Life
clock 07 April 2026 • 3 min read
Partner Insight: Behind the numbers - What defined benefit members really think

Partner Insight: Behind the numbers - What defined benefit members really think

Claire Altman, Managing Director – Pension Risk Transfer & Individual Retirement at Standard Life
clock 02 April 2026 • 5 min read
Trustpilot