Average DC default has 10% invested in top US tech firms

PensionBee finds average £20,000 pot has £2,033 invested in US tech giants

Jasmine Urquhart
clock • 2 min read
Average DC defaults have 10% invested in US tech stocks, PensionBee has found
Image:

Average DC defaults have 10% invested in US tech stocks, PensionBee has found

The average UK defined contribution (DC) default arrangement has around 10% of its funds invested in the ‘magnificent seven’ tech firms, analysis from PensionBee has found.

The pension provider released its findings after it analysed the allocations of three default funds provided by The People's Pension (global investments – up to 85% shares), Nest (higher risk fund)...

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

SPP calls for 'robust' safeguards on DC small pots consolidator

SPP calls for 'robust' safeguards on DC small pots consolidator

Trade body says consolidator model must be designed around member interests

Martin Richmond
clock 30 October 2026 • 3 min read
Partner Insight: From awareness to action – closing the retirement planning gap

Partner Insight: From awareness to action – closing the retirement planning gap

Many employees think about retirement. Far fewer take practical steps to prepare for it.

Royal London
clock 29 October 2026 • 5 min read
L&G takes on £2.45bn Royal Mail DC scheme in biggest master trust transfer to date

L&G takes on £2.45bn Royal Mail DC scheme in biggest master trust transfer to date

Completed transition sees 100,000 scheme members’ savings move into L&G Mastertrust

Alex Levy
clock 27 October 2026 • 2 min read
Trustpilot