Partner Insight Video: Why does the partial transfer option need careful design and communication?

clock • 1 min read

Members often find it difficult to choose whether to transfer their pension from the defined benefit to the defined contribution world. Is their priority security or flexibility?

The partial transfer option seems to offer the best of both worlds. But it needs to be carefully designed and communicated because it can lead to complexity.

Watch the video below to hear more from Richard Cook, Member Options Specialist at Aon.

 

Click here to read further information on driving better member Outcomes

More on Defined Contribution

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

Reeves' megafund proposals should be replaced with 'comply or explain' DC regime

LCP says alternative approach would deliver better results more quickly for government

Professional Pensions
clock 13 January 2025 • 2 min read
Steve Webb and Laura Myers – There is a better way forward on DC investment

Steve Webb and Laura Myers – There is a better way forward on DC investment

DC megafunds will lead to ‘massive’ cost and disruption and may fail to deliver stated aims

Laura Myers and Steve Webb
clock 13 January 2025 • 5 min read
Pension confidence increases in last year, PensionBee says

Pension confidence increases in last year, PensionBee says

Provider’s Pension Confidence Indicator increases 3% in older savers

Jasmine Urquhart
clock 08 January 2025 • 1 min read
Trustpilot