DB demise has resulted in lower pension coverage - ONS

clock

The reduction in defined benefit schemes has resulted in an overall lower pensions coverage, research from Office for National Statistics shows.

Pre-auto-enrolment membership of workplace pension schemes fell to 46%, the lowest level since 1997, the ONS' 2012 Annual Survey of Hours and Earnings pensions summary showed. However, this split i...

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

Just Group DB sales down 28% in 2025

Just Group DB sales down 28% in 2025

Insurer said the drop was due to a ‘lack of large deals’ but expects ‘increased market opportunity’ in 2026

Holly Roach
clock 20 January 2026 • 1 min read
Buzz: Are there fundamental concerns for the DC environment?

Buzz: Are there fundamental concerns for the DC environment?

Concerns for DC and adequacy, TPR chair candidate and insurer competition

Professional Pensions
clock 19 January 2026 • 1 min read
Trafalgar House upgrades digital member communications

Trafalgar House upgrades digital member communications

Partnership with Smart Communications to help enhance member engagement

Holly Roach
clock 19 January 2026 • 1 min read
Trustpilot