Remove 20-of-dc-pension-scheme-members-opt-out-of-pension-saving
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20% of DC pension members opting out or reducing savings

Employee Benefits

One in five defined contribution (DC) pension schemes reported an increase in requests to reduce or opt out of pension savings over the past three months, according to research by Aon. This edition included responses from 132 UK DC pension schemes.

Pension 59
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Barton’s blog: What are the limits to employers’ cost-of-living support?

Employee Benefits

The rising cost of living is also affecting areas such as mental wellbeing and retirement saving; Aon’s DC Today survey reported that 20% of pension scheme members have requested to reduce or opt out of pension savings in a reaction to economic pressures.