40th NAPF Annual Survey tracks workplace pensions from 1975-2014
03 December 2014
The National Association of Pension Funds (NAPF) has launched its 40th Annual Survey. According to NAPF, it provides a unique snapshot of UK workplace pension schemes today and an opportunity to reflect on how this pension landscape has changed since 1975.
Highlights of the survey include the fact that active DB scheme members shrunk by two thirds from 3.5 million in 1975 to 1.1 million in 2014. The membership of DB schemes has fallen to such an extent that active membership of DC schemes outnumbers that of DB schemes for the first time in 2014.