UK - Less than a third of defined contribution (DC) scheme members understand how cash, equity and bond funds work, a Mercer Investment Consulting survey has found.
The survey of 670 DC scheme members from around 550 companies found that only 33% understand the principle of cash funds, while just 25% and 26% respectively understand how equity and bond funds wo...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date