AROUND a quarter of defined benefit schemes may close for future accrual within the next three years, Watson Wyatt research reveals.
The consultant's survey - which polled 160 trustee and sponsor representatives across the industry - found the current economic environment would accelerate the trend for DB funds closed to new members...
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.
Pension Buzz respondents have disputed Lord Myners' arguments that asset owners, including pension funds, are substantially to blame for short-termism in business.