Half of DB members feel unsupported by schemes

Over a fifth of members lack confidence to make decisions concerning their pensions

Martin Richmond
clock • 3 min read
Half of DB members feel unsupported by schemes

Half of defined benefit (DB) scheme members have not received support from their scheme regarding financial decisions concerning their pension, Barnett Waddingham has revealed.

The consultancy's research revealed 49% of DB members agree their scheme has not provided sufficient support. This figure rose to 58% for those members aged over 40 years old. The research also ...

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

Bulk annuity deals positively impacting sponsor share prices, Aon finds

Bulk annuity deals positively impacting sponsor share prices, Aon finds

Over 80% of companies outperformed the FTSE 100 on the day of announcing a deal

Holly Roach
clock 06 May 2026 • 1 min read
Professional Pensions Live: Two weeks left to register

Professional Pensions Live: Two weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 06 May 2026 • 1 min read
Isio acquires Collidr in bid to boost financial adviser offering

Isio acquires Collidr in bid to boost financial adviser offering

Deal is subject to FCA approval

Jenna Brown
clock 06 May 2026 • 1 min read
Trustpilot