Cash is king for DC schemes embracing flexibility

Most schemes are letting members take pots as cash but remain reluctant to offer other freedoms

clock

Most DC schemes are allowing members to take their pot as cash but remain reluctant to offer other freedoms, finds Natasha Browne

At a glance Two-thirds of schemes are offering some form of pensions freedom Requests for DB transfer values have soared but little money has been transferred  Member communication remains...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

IWD 2025: Women in the pensions industry

IWD 2025: Women in the pensions industry

PP talks to women about their pensions careers, advice, and experience of the industry

Jasmine Urquhart
clock 07 March 2025 • 9 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

First firms complete dashboard connection, Abrdn DB surplus plans, Capita annual results

Professional Pensions
clock 07 March 2025 • 1 min read
News Digest: Top pension funds refuse to back defence industry

News Digest: Top pension funds refuse to back defence industry

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 07 March 2025 • 1 min read
Trustpilot