Ben Roe
Lack of member understanding at retirement is key concern for trustees
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.
DB schemes offering more support to members than ever, finds Aon
Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....
Nine out of 10 DB schemes report rise in transfer value requests
Some 90% of schemes have seen an increase in the number of requests from members for transfer values over the last 18 months, according to an Aon study.
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