Purple Book reveals plight of defined-benefit pension plans
The latest official statistics paint an ominous picture for the UK's defined-benefit (DB) pension schemes. Many are closing to future accrual as well as to new members and their funding position has nose dived over the past couple of years, and further hurdles lie in wait. We dip into the gloomy data.
On this page:
Data published on
defined-benefit schemes
Defined-benefit scheme funding takes
a hit
Defined-benefit scheme sensitivities
revealed
Defined-benefit schemes in trouble
Table 1: Membership of open and closed private sector defined-benefit
schemes: 2006-09.
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