Defined benefit scheme membership has fallen from 46pc of the workforce to 35pc in just eight years, latest figures from the Office for National Statistics reveal.
Its Pension Trends report also found that membership of private pension schemes fell from 40pc of the 35.4 million working age population to 39pc between 2003-04 and 2004-05. Conservative work and pensions...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.