NAPF 2015: New communication approach needed for DB-DC transfers

Helen Morrissey
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Defined benefit (DB) schemes need to deploy different communications methods if members are to understand options such as transfers to defined contribution (DC) schemes.

Speaking at the NAPF Conference, Aon Hewitt partner Matthew Arends said that while transfer quote requests had risen since the 2014 Budget less than 1% of members had actually taken up the option. ...

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