Pensions info to worsen as employers shift to DC

The shift from DB to DC schemes is going to cause a huge increase in the number of people without enough understanding to make rational decisions on pensions savings because the level of support in deciphering "complex and confusing information" will fall, according to predictions by Mercer Human Resource Consulting. The company says the problem is caused by companies ending their DB schemes, which is leaving policyholders without support in trying to understand the flood of information provided on all aspects of their pensions. Mercer says that employers traditionally helped...