NAPF: Large Schemes More Profitable Than Small Ones November 1, 2012 Large defined contribution schemes can be more profitable for members than small schemes, as they can lead to a 28% higher pension pot savings, the National Association of Pension Funds (NAPF) claims.
According to its chief executive Joanne Segars, there are some 100,000 contract-based occupational schemes and a further 46,000 trust-based ones in the UK. Small schemes are not necessarily worse than big ones, but are more likely to be improperly managed and to have higher charges, she adds.
Speaking at the NAPF conference in Liverpool earlier this month, Segars informed delegates that there is evidence that large schemes bring better benefits to their members. Find out more
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