DB schemes have seen significant changes over the last couple of years and, for many, the improvement in funding levels has been a significant turning point.
The Pension Regulator's 2024 Annual Funding Statement shows most schemes have seen material improvements in funding levels and calls for trustees and employers to reassess their long-term objectives.
This article analyses the 12th edition of DC trust, providing a high-level snapshot of the current landscape of occupational DC trust-based pension provisions in the UK.