Limited DC members regularly engaging with their pensions

LCP says industry must ‘crack the code’ to unlock the full potential of the DC sector

Martin Richmond
clock • 2 min read
Limited DC members regularly engaging with their pensions

Only a small percentage of defined contribution (DC) master trust members have regularly engaged with their pensions over the last two years, research from Lane Clark & Peacock (LCP) has found.

Analysis of DC member engagement conducted by the consultancy used seven metrics to measure member engagement among a sample of DC master trusts. These metrics included online account usage, app us...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Over a quarter of DC members have never checked their pension online

Over a quarter of DC members have never checked their pension online

Barnett Waddingham says AE system has created generation of ‘pension ostriches’

Martin Richmond
clock 23 May 2024 • 3 min read
SPP urges rethink of lifetime provider model, raising cost and complexity concerns

SPP urges rethink of lifetime provider model, raising cost and complexity concerns

Paper raises questions about impact on engagement, member value and competition

Jasmine Urquhart
clock 21 May 2024 • 3 min read
Industry mostly agrees DC sector needs a rethink

Industry mostly agrees DC sector needs a rethink

PP poll finds many think DC sector should reevaluate itself amid falling contributions

Jasmine Urquhart
clock 20 May 2024 • 2 min read
Trustpilot