The lack of defined benefit (DB) scheme members' understanding of their retirement decisions is a key concern for trustees and sponsors, according to survey conducted by Aon.
The poll - which questioned 239 trustees, sponsors and pension managers - took place during a webinar held by Aon on member options this month. It revealed 63% of respondents flagged the lack of understanding...
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It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.