Self-select funds outperform average default fund by 4.9%, says research

Kim Kaveh
clock • 2 min read

The average pot size for members who actively select funds is £29,996 compared to just £3,790 for a defaulter, according to a study by Hargreaves Lansdown.

The poll, which involved the top 10 fund choices made in over 300 pension schemes covering 80,000 members as of June 2017, also showed choosers outperformed defaulters by an average of 4.6% over on...

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

IFM Investors: Aligning pension capital with long-term growth

IFM Investors: Aligning pension capital with long-term growth

Cath Bowtell says the conversation between Australia and the UK around long-term investment is entering a new chapter

Cath Bowtell
clock 23 October 2025 • 4 min read
'Crucial' to consider savers' needs amid expansion in pension offerings

'Crucial' to consider savers' needs amid expansion in pension offerings

LCP says industry is at an ‘inflection point’ in UK pension provision

Martin Richmond
clock 22 October 2025 • 4 min read
SPP: The message to the government is clear - don't mandate

SPP: The message to the government is clear - don't mandate

Jeremy Goodwin says mandation would ‘drive a coach and horses’ through the prudent person principle

Jeremy Goodwin
clock 14 October 2025 • 3 min read
Trustpilot