Industry members claim DB pensions 'not a success story'

LCP conference attendees do not consider DB pensions to have been a success

Martin Richmond
clock • 2 min read
Industry members claim DB pensions 'not a success story'

Members of the defined benefit (DB) sector have stated DB pensions should not be classified as a “success story”, according to research from Lane Clark & Peacock (LCP).

A poll conducted by the consultancy at its annual conference for DB scheme representatives, which surveyed 360 attendees, revealed two-thirds of the respondents indicated they did consider DB pensi...

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 Benefit

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 10 July 2025 • 1 min read
Tender Watch: Haskoning scheme appoints First Actuarial

Tender Watch: Haskoning scheme appoints First Actuarial

Firm selected to provide administration and actuarial services to the plan

Professional Pensions
clock 09 July 2025 • 1 min read
Pensions UK calls for PPF administration levy reform

Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
clock 03 July 2025 • 1 min read
Trustpilot