Obstacles for savers to switch pension plans are 'mythical barriers'

Hymans Robertson paper finds three obstacles for DC savers to switch scheme arrangements

Martin Richmond
clock • 2 min read
Hymans Robertson DC plan effectiveness consultant Rachel Haggarty
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Hymans Robertson DC plan effectiveness consultant Rachel Haggarty

A number of perceived obstacles for defined contribution (DC) savers to switch their pension scheme arrangements are “mythical barriers”, according to Hymans Robertson.

The consultancy's paper, Debunking the myths of moving pensions arrangements, examined the misconceptions savers may have regarding moving their DC scheme and found three misconceptions surrounding...

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