ACA

Some 87% of defined benefit pension schemes are closed to new entrants and 18% are close to future accrual, statistics from the Association of Consulting Actuaries reveal.

Risk sharing has come too late to save the majority of DB schemes, discovers Kelly Gregor. What is needed is deregulation and a more flexible approach from government

A survey of smaller firms has revealed the introduction of personal accounts and auto-enrolment is likely to herald a widespread levelling down of existing provision. Jonathan Stapleton investigates