66% - of trustee respondents are looking to change their pension scheme’s default strategy within the next 18 months. Source: SEI’s Defined contribution pensions survey, published in August.
15% - of UK respondents said they would take ‘somewhat high-risk’ or ‘high-risk’ investments in order to receive better returns. Source: State Street Global Investors research
94% of employers understand their organisation’s default investment strategy. Source: Employee Benefits/Capita Pensions research 2013.
0.75% - Any changes a scheme would like to make to its default investment strategy must fall within the charges cap due to come into force in April 2015.
33.3% check how well their pension investments are doing at least every six months. Source: Capita Employee insight report 2014.
5.6% feel they will be told if there was a problem with fund performance. Source: Capita Employee insight report 2014.
39% do not know where their pension savings are invested. Source: NAPF’s What do pension scheme members expect of how their savings are invested? report.
84% of DC pension scheme members likely to remain in the default fund. Source: NAPF Annual Survey 2013.
96% of the scheme default funds use a lifestyle strategy for members approaching retirement and, on average, investment funds review their default fund every three years. Source: NAPF Annual Survey 2013.
