Most members not in favour of pot for life, PLSA says

Women and older members more likely to want their employer to choose their workplace pension

Jasmine Urquhart
clock • 2 min read
The majority of savers say they are not confident in selecting a workplace pension provider
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The majority of savers say they are not confident in selecting a workplace pension provider

The majority (69%) of employees are not in favour of the lifetime provider model, a survey by the Pensions and Lifetime Savings Association (PLSA) has found.

The survey of 1,631 non-retired adults, of which 568 were saving into a workplace defined contribution (DC) pension, found just under one third (31%) said they would opt to choose their own pension...

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