Survey: Aon Defined Contribution DC Survey 2015
Key findings:
- 57% of respondents gave better member outcomes as an objective in their business plan, closely followed by the supporting objectives of increasing member engagement and specific communication goals, both with around 45%.
- Schemes are using face-to-face, paper and modern technology to reach out to their members. Larger schemes generally have more options available to communicate with their members.
- About 40% of schemes are still targeting the use of an annuity at retirement. However 55% of schemes have moved away from an annuity target and are now targeting some mix of assets at retirement.
