Eight out of ten defined benefit schemes have taken some action to respond to the extra retirement flexibilities for defined contribution retirees introduced in April, research finds.
The survey by Aon Hewitt found a third now automatically provided retiring members with transfer quotes, and a further fifth intended to start doing so in the near future. Two out of five of tho...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
