Most DB savers not considering transfers, research finds

HUB analysis of FCA data shows just one in ten considered switching to a flexible DC plan

Jasmine Urquhart
clock • 2 min read
Only 10% of DB savers have considered switching to a flexible DC pot
Image:

Only 10% of DB savers have considered switching to a flexible DC pot

The majority (84%) of defined benefit (DB) savers have not considered switching their pension to a more flexible option, according to analysis by HUB Pension Consulting. The consultancy looked a...

This is article is marked as premium content, and you will need to have full membership to continue reading…

Become a full member to gain unlimited access to Professional Pensions and receive additional benefits

  • Unlimited access to all content including real-time news, analysis and opinion
  • Receive exclusive opinion pieces and insider insight with our dedicated members-only newsletter
  • Breaking news stories delivered to your inbox
  • Full access to the Professional Pensions content archive
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Benefit

Aggregate DB surplus rises by £7.3bn in July

Aggregate DB surplus rises by £7.3bn in July

PPF says funding ratio at highest level since July 2023, as liabilities drop faster than assets

Alex Levy
clock 11 August 2026 • 2 min read
Historical analysis key to DB surplus allocation, says Hymans

Historical analysis key to DB surplus allocation, says Hymans

Analysis of past contribution split can provide an objective basis for negotiations

Alex Levy
clock 06 August 2026 • 3 min read
Schemes urged to stop treating buyout as automatic default

Schemes urged to stop treating buyout as automatic default

SPP report suggests schemes should take ‘objective-led’ approach to endgame planning

Holly Roach
clock 06 August 2026 • 1 min read
Trustpilot