Major employers fail to help DC members annuitise - JLT

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Fewer than one in four major employers say their scheme has a specific ‘decumulation strategy' in place to help retirees get the best annuity, research finds.

Almost half (48%) the respondents to JLT Employee Benefits' latest 250 Club Report said they did not know if their scheme had such a process, while three out of ten (29%) said their scheme did not....

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