New research shows around a third of schemes are providing or shortly planning to provide their members with additional support with their retirement decisions. In the current high inflation environment, feedback from pension schemes is that this support...
Pension schemes are increasingly seeking to provide additional support to members at retirement through online modellers and regulated financial advice, Aon says.
Red tape preventing pension schemes from managing the barriers around GMP equalisation is leading to many combining conversion with pension increase exercises (PIE), Aon says.
Half of UK pension schemes have sent “reassuring communications” to members during the Covid-19 pandemic, according to Aon.