Cost of DC investment guarantees pushed on to members

The pension provider said a rise in employee concern about DC scheme performance has piqued finance director's interest in introducing investment guarantees, but the cost would be passed on to the member. A MetLife poll of 207 finance directors showed 22% had seen a rise in concern about pension performance. And about 11% said they thought guarantees would increase employees' confidence in their pension scheme while 8% believed they would convince new employees or other non-members to join. At present investment guarantees - which have been successful with personal pensions - are n...