One in five DC schemes seeing members cut contributions

Aon survey also finds one in six have seen increase in requests to access savings early

Jasmine Urquhart
clock • 3 min read
One in five DC schemes have seen an increase in member requests to reduce contributions
Image:

One in five DC schemes have seen an increase in member requests to reduce contributions

One in five defined contribution (DC) schemes have seen an increase in requests from members to cut their pension contributions over the last three months, a survey from Aon has found.

The firm's inaugural DC Today report - which surveyed 132 DC schemes - also found one in six have seen an increase in members requesting early access to their pension savings. There has also bee...

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
DC schemes delivering 12% value from contributions of 8%, LCP finds

DC schemes delivering 12% value from contributions of 8%, LCP finds

Consultancy finds minimum of £15bn could be invested in private markets by 2030

Martin Richmond
clock 16 December 2025 • 2 min read
Trustpilot