PLSA annual survey: DC members sticking with defaults; DB costs on the rise
Some 88% of active defined contribution (DC) members remain in the default fund, latest Pension and Lifetime Savings Association (PLSA) research reveals.
The trade body's 43rd annual survey - conducted among 176 of the PLSA's fund members between 5 June and 28 July - found the range of choice on offer to members was still high, with schemes reporting a...
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Two-thirds 'sleepwalking' into retirement and will run out of pension in their 80s
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