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Member options: What do members want?
Member options, support and choice in Defined Benefit (DB) pension plans is a topic that has been increasingly on our clients' agendas. Whether it be driven by a desire to modernise DB plans, better match the needs of members or as part of a well-thought through journey plan, a DB plan's member option strategy is increasingly important. As part of our ongoing efforts to understand the ever-changing world of DB pensions, we commissioned in-depth research across 50 trustees and over 1,000 DB scheme members to unearth what trustees and their members think about member options. In the first of...