Scheme membership slumped 1.5m under Labour

clock

Private pension scheme membership has slumped by almost one and a half million since 1997, the Office for National Statistics says.

Analysis from the ONS ‘Pension Trends' revealed just 50% of UK employees were members of an employer-sponsored scheme in 2009 - 5% less than when Labour began their 13 year stint in government. ...

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: Navigating credit allocations for buy-in - why Getting it right matters now

Partner Insight: Navigating credit allocations for buy-in - why Getting it right matters now

Lucy Barron, Investment Partner, Aon
clock 11 August 2025 • 3 min read
Partner Insight: Aon's 2025 DB Endgame Survey insights

Partner Insight: Aon's 2025 DB Endgame Survey insights

The UK defined benefit (DB) pensions market has seen a huge amount of change in the last 12 months, shaped by a confluence of regulatory and market developments

AON
clock 07 August 2025 • 1 min read
Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2025

Partner Insight: Aon UK Risk Settlement Bulletin - Q3 2025

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 06 August 2025 • 1 min read
Trustpilot