LCP executive pensions survey: Tax relief cuts reduce proportion of DC only offerings

clock •

The cut in pensions tax relief has reduced the proportion of FTSE250 executives who rely on defined contribution (DC) provision only, according to LCP.

Its annual FTSE250 Executive Pensions Survey showed just 28% of executives relied solely on DC, compared to 33% in 2012 and 41% in 2010. Annual allowance was cut from £255,000 to £50,000 in 2011...

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 Contribution

Industry must treat DC roadmap as a connected system

Industry must treat DC roadmap as a connected system

Panel says it is ‘incumbent’ and ‘non-negotiable’ to deliver reforms successfully

Martin Richmond
clock 15 October 2026 • 2 min read
Partner Insight: Why active investing is becoming more outcome-oriented

Partner Insight: Why active investing is becoming more outcome-oriented

As pension schemes and institutional investors face increasingly complex objectives, active investing is evolving beyond security selection towards more purposeful portfolio design and implementation.

Samantha Ricciardi, Head of EMEA, Fidelity International
clock 15 October 2026 • 5 min read
Partner Insight: The missing allocation - the case for UK infrastructure in DC default funds

Partner Insight: The missing allocation - the case for UK infrastructure in DC default funds

Alistair Ray, Chief Investment Officer, Dalmore Capital
clock 15 October 2026 • 1 min read
Trustpilot