Major employers fail to help DC members annuitise - JLT

clock

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....

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

What can the UK learn from the Australian pension system?

What can the UK learn from the Australian pension system?

Gregg McClymont says attention to differences as well as similarities is important

Gregg McClymont
clock 17 December 2025 • 3 min read
SPP: Making retirement choices simpler and safer

SPP: Making retirement choices simpler and safer

Anish Rav says initiatives that help achieve a better outcome in retirement are welcome

Anish Rav
clock 17 December 2025 • 3 min read
Mercer to invest £350m in bespoke Schroders LTAF for private markets

Mercer to invest £350m in bespoke Schroders LTAF for private markets

Move supports Mansion House ambitions of Mercer Master Trust and Now Pensions

Jonathan Stapleton
clock 15 December 2025 • 2 min read
Trustpilot