Pensions no longer a major employee benefit for many firms

Jonathan Stapleton
clock •

Pensions now have little relevance to employers and are no longer a major employee benefit for many firms, Terry Faulkner says.

In an exclusive interview with PP, the Rexam group head of pensions and former National Association of Pension Funds chairman said defined benefit schemes had been "regulated out of existence" by a...

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 Industry

Pensions UK says reforms should be seen as part of wider economic strategy

Pensions UK says reforms should be seen as part of wider economic strategy

Organisation says UK needs a more ambitious pension settlement for adequacy, growth and fiscal sustainability

Holly Roach
clock 12 October 2026 • 2 min read
LCP proposes opt out tax modelled on AE to pay for National Care Service

LCP proposes opt out tax modelled on AE to pay for National Care Service

Social insurance model said to have ‘generated considerable interest’ with government

Alex Levy
clock 12 October 2026 • 2 min read
Webinar: Short-duration credit – register now

Webinar: Short-duration credit – register now

Webinar will be held in association with Allianz at 11am on Thursday 22 October

Professional Pensions
clock 12 October 2026 • 1 min read
Trustpilot