Only 4% of DB pension schemes still open to new members
- Tuesday, 20 February 2024
- Articles
One in 20 (4%) defined benefit (DB) pension schemes remained open to new members in 2023, new data published today by The Pensions Regulator (TPR) shows.
Read more...DB pension transfer volumes hit 5 year low
- Monday, 22 January 2024
- Articles
The end of 2023 saw the rate of people transferring out of their DB pension fall to a five-year low, research from pensions consultancy XPS Pensions Group found.
Read more...Soaring annuities slash DB transfer compensation
- Tuesday, 29 August 2023
- Articles
People who were ill-advised to transfer out of their DB pension are now likely to be due significantly less compensation, according to actuaries and financial services consultancy OAC.
Read more...DB schemes should offer more flexibility
- Friday, 02 June 2023
- Articles
A former senior official at the Pensions Regulator has called for members of DB pension schemes to benefit from the same flexibility as those with DC schemes have.
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