The Office for National Statistics has recorded a significant downwards trend in employee membership of private sector defined benefit (DB) schemes – down from 34 per cent in 1997 to 9 per cent in 2011.
Overall, employee membership of employer-sponsored pensions in the private sector fell from 46 per cent in 1997 to 32 per cent in 2011. Figure 7.9 shows changes in the type of pension to which private sector employees belonged over this period. Employee membership of private sector defined benefit occupational pension schemes fell from 34 per cent in 1997 to 9 per cent in 2011. Membership of defined contribution occupational schemes fell slightly, from 11 per cent to 9 per cent over the same period; but in 2011, 14 per cent of private sector employees belonged to an employer-sponsored personal (or stakeholder) pension scheme, compared with only 1 per cent in 1997…
via Substantial drop in membership of private pension schemes.
Job Market Monitor 
I used to have a private pension which my employer contributed too.
when the statements came through though, i saw how rubbish the outcome would be.
Luckily i have found a way of securing a residual income that won’t go away and all i have to do is…. well, do what i love to do anyway. i work for myself and am in the process of building my business which will carry on paying Kelly and I untill we kick the bucket.
So instead of paying into a pension, i now use that money to invest back into growing my own pension which by the time i retire, give us a return of between £4000 & £10000 a month.
Posted by Bernie Hough and Kelly Woodroffe | July 18, 2012, 9:07 am