Increasing numbers are transferring out of defined benefit pension schemes to access the new pensions freedoms introduced by the UK government in April 2015. But do members have enough support to make informed decisions?
Aon's 2019 Member Options Survey, covering 320 defined benefit schemes, showed that almost 1 in 5 schemes now provide additional support to members at retirement - a number that is increasing fast. But what exactly is the rate of change and what kind of support is being offered?
Watch the video below, to hear the insights of Kelly Hurren, Member Options Specialist at Aon.
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