Schemes offer too much choice

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UK - The majority of contract-based defined contribution (DC) pension schemes in the FTSE 100 (68%) offer members a choice of 20 or more investment funds, according to Watson Wyatt.

In comparison, only 6% of trust-based DC plans offer this level of choice. Watson Wyatt's annual FTSE 100 DC Pension Scheme Survey found over 80% of members of contract schemes were invested in...

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