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

TPR changes approach to DC supervision and regulation

TPR changes approach to DC supervision and regulation

TPR plans to split DC schemes with similar risk profiles into four segments of supervision

Holly Roach
clock 20 February 2025 • 2 min read
Half of young people unaware what DC pensions are

Half of young people unaware what DC pensions are

MRM finds 18 to 30 year olds less familiar with term ‘DC’ than ‘APR’ and ‘compound interest’

Jasmine Urquhart
clock 07 February 2025 • 2 min read
The risks of private markets for DC should not be underestimated

The risks of private markets for DC should not be underestimated

Richard Evans says the UK and Australian public views investment risk differently

Richard Evans
clock 07 February 2025 • 5 min read
Trustpilot