Aon survey finds schemes are prioritising value for money and investment performance
Aon findings place ‘positive member outcomes’ as key DC scheme priority
Research led by former PLSA chair finds savers want costs and charges on annual statements
The lack of defined benefit (DB) scheme members' understanding of their retirement decisions is a key concern for trustees and sponsors, according to survey conducted by Aon.
Aon has revealed defined benefit (DB) schemes are offering more support to members in their decision making at retirement, with one in five schemes now including personalised transfer value figures in retirement packs and making online tools available....
Some 90% of schemes have seen an increase in the number of requests from members for transfer values over the last 18 months, according to an Aon study.