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 ...

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