What does the future look like?

The corporate pension viewpoint

For several years, the pensions industry has been debating the death of defined benefit (DB) schemes and whether replacement defined contribution (DC) arrangements are likely to secure an adequate level of retirement income for younger generations.

We wanted to know what UK companies are thinking about the future of workplace retirement savings against the background of recent developments.

To answer these questions, we spoke to 250 finance and pension decision-makers in UK companies. Our survey covered a wide range of topics, including:

• Respondents’ strategic pension priorities over the next few years
  
  
• Respondents’ views on DB endgame strategies
  
  
• The impact of the Pension Schemes Act 2021 on company planning and financial activity
  
  
• Respondents’ views on future retirement provision and government policy
  
  
• Corporate and trustee governance

Download our third paper, where we explore company views on future retirement provisions and how companies see trustee governance models evolving in the future.

Donwload

If you have any questions or would like to discuss your own corporate pension strategy, please get in touch.

To find out more, part one and part two of the 'corporate pension viewpoint' are listed in the related insights below.