Increasing numbers of firms are closing defined benefit schemes to future accrual as they struggle to meet obligations, Lucida says.
The insurer's third annual Pension Pulse survey - which polled more than 70 trustees and scheme managers - found that the decline of DB schemes was accepted as inevitable by most schemes with a qua...
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
