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
Image:

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...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

How master trusts can help narrow the gender pensions gap

How master trusts can help narrow the gender pensions gap

Simple steps can go a long way to help women reap the benefit of pensions

Georgie Edwards
clock 07 March 2025 • 4 min read
Defined Contribution Conference 2025: Registration open!

Defined Contribution Conference 2025: Registration open!

This year's event is being held in central London on 18 June

Professional Pensions
clock 07 March 2025 • 1 min read
DC providers' accumulation performance gap rises in 2024, research shows

DC providers' accumulation performance gap rises in 2024, research shows

Research finds performance gap between providers in accumulation phase stood at 14.4%

Martin Richmond
clock 04 March 2025 • 3 min read
Trustpilot