EMPLOYEE membership of defined benefit has fallen from 46pc of the workforce to 35pc in just eight years, latest data published by the Office for National Statistics reveals.
The government department’s report – Pension Trends – 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....
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model