Become a Professional Pensions member

Can we improve outcomes that we can't measure?

Simplicity will be key in defining any value for member metrics, says Henry Tapper

Henry Tapper

12 July 2021 • 3 min read

Can we improve outcomes that we can't measure?

The Department for Work and Pensions (DWP) links its campaign to consolidate small defined contribution (DC) pension schemes to the headline "improving member outcomes" - but what is a good member outcome and how is it measured?

The only measure I know of, that captures the value savers get from a DC scheme, is the internal rate of return (IRR) on contributions. But as this is unique to each saver as it depends on the timing and...

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