Less than half of members satisfied with DC plan

clock •

The majority of UK defined contribution (DC) savers are not satisfied with their plans, according to research.

Just 45% of UK members were happy with their schemes, compared to 65% of US savers, the study from State Street Global Advisors (SSGA) found. This discrepancy narrowed when survey participants w...

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 Industry

Bank of England hikes rates to 4% in first rise since 2023

Bank of England hikes rates to 4% in first rise since 2023

MPC Committee votes 8-1 to raise interest rates

Michael Nelson
clock 05 November 2026 • 3 min read
Higher pay still leaves one in five at risk of retirement inadequacy, says PPI

Higher pay still leaves one in five at risk of retirement inadequacy, says PPI

Employer contributions emerge as key driver of different outcomes between earning groups

Alex Levy
clock 05 November 2026 • 2 min read
BTPS funding improves with deficit falling by £1bn

BTPS funding improves with deficit falling by £1bn

BT will need to provide £282m of additional funding to ensure scheme remains on track to reach full funding by 2030

Holly Roach
clock 05 November 2026 • 1 min read
Trustpilot