Image:
TPR chief executive Nausicaa Delfas
The defined contribution (DC) market is continuing to “rapidly reshape” towards fewer, larger schemes, with data from The Pensions Regulator (TPR) showing a 15% reduction in non-micro DC and hybrid schemes.
Data in a report published by the regulator today (4 March) showed the number of DC schemes with 12 or more members decreased in 2024, dropping 15% to 920 – the first time the number has been below...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
