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

Industry calls for rise to AE contributions as it responds to WPC inquiry into adequacy

Industry calls for rise to AE contributions as it responds to WPC inquiry into adequacy

Government urged to implement clear timetable for increasing contributions

Holly Roach
clock 27 October 2026 • 3 min read
M&G launches 'CDI+' run-on solution with £400m deal

M&G launches 'CDI+' run-on solution with £400m deal

Launch expands range of solutions for DB schemes and combines M&G’s asset management and insurance businesses

Holly Roach
clock 27 October 2026 • 2 min read
Buzz: Is enough progress being made to meet Mansion House commitments?

Buzz: Is enough progress being made to meet Mansion House commitments?

Mansion House Accord, state pension, ‘administrative logjam’ and VfM

Professional Pensions
clock 26 October 2026 • 1 min read
Trustpilot