Industry questions value of at-retirement default option

Michael Klimes
clock • 4 min read

The industry is sceptical about providing a default retirement option, with two thirds believing members' pots should stay invested until they make a decision, according to PP research.

The findings reflect the opposition the Centre for Policy Studies (CPS) faced after research by PP found little support for his original call for a default option of index-linked annuities. Last...

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 Defined Contribution

DC master trust outcomes 'significantly improved' since 2022 gilt market volatility

DC master trust outcomes 'significantly improved' since 2022 gilt market volatility

Hymans says master trust members have benefited from ‘favourable’ market conditions

Holly Roach
clock 21 November 2024 • 2 min read
Major master trusts express concern over government's approach to DC consolidation

Major master trusts express concern over government's approach to DC consolidation

Smart Pension and SEI both raise concerns over chancellor’s plans and timelines

Jonathan Stapleton
clock 18 November 2024 • 5 min read
'Decisive action' needed to address £100,000 gender pensions gap

'Decisive action' needed to address £100,000 gender pensions gap

20th Scottish Widows ‘Women and Retirement report’ addresses progress on gender pensions gap

Jasmine Urquhart
clock 13 November 2024 • 4 min read
Trustpilot