| Purple Book reveals plight of DB plans |
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| Written by Occupational Pensions | ||||||||
| Monday, 01 March 2010 00:00 | ||||||||
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THE LATEST OFFICIAL STATISTICS PAINT AN OMINOUS PICTURE FOR THE UK’S DB 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.
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