Just one in seven DC schemes to make members take up guidance guarantee

Michael Klimes
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Fewer than one in seven defined contribution (DC) schemes plan to make it mandatory for members to take up the guidance guarantee before accessing their pot, PP research finds.

Of the 73 respondents to this week's Pensions Buzz who worked with or ran DC schemes just 7% said they would make all members take guidance. A further 8% said they would make guidance mandatory for...

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