More and more members now staying with their occupational pension schemes

The number of people leaving their pension schemes fell to its lowest level this year, while enquiries about the current value of the pensions rose to its highest level, according to Aon Consulting in a recent article from the Financial Times. Enquiries from members regarding their pension schemes were up 26 per cent from June. The number of members leaving their pension scheme also fell by 34 per cent during the third quarter. The research included 350,000 scheme members from 35 UK defined contribution (DC) and defined benefit (DB) schemes. The fall appears to indicate increased confidence in private sector pension schemes and a growing interest in planning for retirement. Click on the link above for the full article.