Number of DC schemes drops as market “radically reshapes”
4 March 2025
The number of defined contribution schemes fell under 1,000 for the first time in 2024, as the market continues to “radically reshape” towards fewer, larger pension schemes. The Pensions Regulator’s 2024 DC landscape report showed the number of DC schemes decreased 15% in 2024 to 920. The drop in the number of schemes is...