Well-managed defaults key to ensure late decision-making majority are not penalised

Survey finds majority only make pension decisions one year or less before retirement

Jonathan Stapleton
clock • 1 min read
Well-managed defaults key to ensure late decision-making majority are not penalised

Late decision making by scheme members about retirement options mean a well-managed default strategy to and through retirement is crucial to ensure good outcomes, research by AllianceBernstein shows.

The asset manager's survey - conducted by YouGov among 2,566 adults in the final quarter of last year – found 63% of defined contribution (DC) members will make a decision about their pension only ...

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

More on Defined Contribution

Nest convenes member assembly to help shape investment decisions

Nest convenes member assembly to help shape investment decisions

Paul Todd says the future of pensions should be shaped by those who rely on them

Paul Todd
clock 21 May 2026 • 4 min read
Standard Life extends Sharia proposition with lifestyle strategy launch

Standard Life extends Sharia proposition with lifestyle strategy launch

Move comes in partnership with HSBC Asset Management and Franklin Templeton

Jonathan Stapleton
clock 18 May 2026 • 3 min read
BlackRock launches LTAF to broaden DC access to private markets

BlackRock launches LTAF to broaden DC access to private markets

LTAF seeded by two UK DC schemes with BlackRock scheme allocating 20% to the fund

Jonathan Stapleton
clock 18 May 2026 • 1 min read
Trustpilot