Pensions experts anticipate swift consolidation of DB schemes

 

The number of defined benefit (DB) schemes will fall in the next decade as superfunds begin to strengthen, pension professionals believe.

Eight in ten of those polled earlier this month by the Pensions and Lifetime Savings Association (PLSA) agreed DB schemes will fall in number from 5,500 to below 4,000 by 2029. Another 48% said there could be fewer than 3,000 schemes left.

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