Infographic: Ten years of DC pension change in the FTSE 100 - Towers Watson

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[Infographic] Towers Watson 2014 FTSE 100 defined contribution pension scheme research - ten years change in the FTSE 100.

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Infographic: Ten years of DC pension change in the FTSE 100 - Towers Watson

  1. 1. Decline of DB Growth of DC Increase in diversified growth funds Small change in charges 0.38% 27% 13% 4%2010 x2 Matching contributions 61% 34% 71% 25%2014 0.37% DB The number of DB hard closures has increased from 4% in 2010 to 25% in 2014. In 2006 only 13% of schemes made annual contributions of more than £20 million. By 2014 this had increased to 34%. In 2006 only 27% of FTSE 100 schemes had more than £50 million in assets. Today this figure stands at 61%. 2006 2006 20142014 In the last ten years, the use of matching has almost doubled. More than three quarters of the FTSE 100 are now using matching contributions. DC£50m or more assets DC£20m or more annual contributions Ten years ago, few DGFs were in existence. Today 71% of DC schemes offer a DGF to members. The average annual management charge in the FTSE 100 has decreased from 0.38% in 2010 to 0.37% in 2014. This is the tenth edition of Towers Watson’s FTSE 100 DC survey and is based on data from over 90% of FTSE 100 employers. For more information contact Will Aitken at will.aitken@towerswatson.com or +44 20 7227 2006. 10 yars o pension change FTSE 100 defined contribution pension scheme survey 2014
  2. 2. Towers Watson 21 Tothill Street Westminster London SW1H 9LL Towers Watson is represented in the UK by Towers Watson Limited. The information in this publication is of general interest and guidance. Action should not be taken on the basis of any article without seeking specific advice. To unsubscribe, email eu.unsubscribe@towerswatson.com with the publication name as the subject and include your name, title and company address. Copyright © 2014 Towers Watson. All rights reserved. TW-EU-2014-37600. April 2014. towerswatson.com Towers Watson is a leading global professional services company that helps organisations improve performance through effective people, risk and financial management. With more than 14,000 associates around the world, we offer consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management.

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