One third favour a CDC option for decumulation

Those with lower levels of wealth more likely to choose CDC, study from Aon and Aegon finds

Jasmine Urquhart
clock • 3 min read
Aegon and Aon study looked at preferences of CDC, annuities and drawdown
Image:

Aegon and Aon study looked at preferences of CDC, annuities and drawdown

Nearly one third (30%) of UK savers said they preferred a collective defined contribution (CDC) option for decumulation rather than annuity or drawdown, Aon and Aegon have found. The survey of 1...

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

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

Comparing FCA 'Pathway 1' decumulation solutions

Comparing FCA 'Pathway 1' decumulation solutions

DWA’s Pete Osthwaite asks how long is five years for an almost retired person?

Pete Osthwaite
clock 08 December 2025 • 5 min read
Equities lead Q3 charge as DC defaults continue to deliver strong performance

Equities lead Q3 charge as DC defaults continue to deliver strong performance

Patterns highlight the value of diversified exposures across regions and asset classes

Jonathan Stapleton
clock 08 December 2025 • 3 min read
People's Pension launches retirement income planning tool

People's Pension launches retirement income planning tool

Tool will provide members with the option to have their income adjusted for inflation

Martin Richmond
clock 05 December 2025 • 3 min read
Trustpilot