SPP: New DB funding regime will make 'little' difference to pace of scheme closures

Poll comes as 500,000 people still contributing to private sector schemes

Jonathan Stapleton
clock • 1 min read
SPP: New DB funding regime will make 'little' difference to pace of scheme closures

The new defined benefit (DB) funding regime will have little or no impact on the pace of open scheme closures, a poll of Society of Pension Professionals members reveals.

The trade body said it conducted a poll of over 200 of its members at an event focused on the opportunities and challenges of open DB schemes this week. It said some 71% of respondents said the ...

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

Partner Insight: What is driving DB scheme costs?

Partner Insight: What is driving DB scheme costs?

Cost pressures have long been part of the defined benefit (DB) landscape, but the findings from the TPT DB Trustee Pulse 2026 suggest their role may be evolving.

TPT Retirement Solutions
clock 14 September 2026 • 1 min read
Thousands of DB schemes will run until 2035, say pension professionals

Thousands of DB schemes will run until 2035, say pension professionals

Poll of 400 industry professionals reveals changing outlook for the sector

Alex Levy
clock 04 September 2026 • 1 min read
Industry stresses DB surplus release decisions must be scheme specific

Industry stresses DB surplus release decisions must be scheme specific

Firms say low dependency should not trigger automatic release of surplus funds as lawyers raise concerns over age restrictions

Alex Levy
clock 03 September 2026 • 4 min read
Trustpilot