![]() ![]() For all but government employees (some 5.5 million), these salary-based pensions are almost all now unavailable and therefore the funds are closed to new members. Employers deem them too expensive, hence their closure. There are now two types of pension fund in the UK – the large, legacy funds which support “defined benefit” (DB) pensions offered by UK employers over the past fifty years. ![]() The general public expect them to produce reliable high-value pensions for retirement, and the Government also expects them to support British industry and entrepreneurship, and more recently, the green energy transition. ![]() OL2004839W Page_number_confidence 88.00 Pages 102 Partner Innodata Pdf_module_version 0.0.14 Ppi 360 Rcs_key 24143 Republisher_date 20210623200139 Republisher_operator Republisher_time 301 Scandate 20210622063358 Scanner Scanningcenter cebu Scribe3_search_catalog isbn Scribe3_search_id 0140311831 Tts_version 4.Much is asked or expected of UK pension funds. Access-restricted-item true Addeddate 14:02:05 Boxid IA40141608 Camera Sony Alpha-A6300 (Control) Collection_set printdisabled External-identifier ![]()
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