Pru reports wane in final salary

Confidence in final salary (DB) pensions is beginning to wane among retail and wholesale organisations. According to Prudential UK research, 26% took a more negative view of DB schemes than they did a year ago, while just 11% are still positive about them going forward. A further 63% say that their attitude towards such schemes has not changed. In the manufacturing industry and finance, there were more hopeful results. In both, 14% of firms stated that they were more upbeat about DB.

Contact Steve Colton of Pru on 020 7150 3136