36% of employers use provider’s default fund

More than a third of respondents (36%) use the default investment option offered by their pension provider, according to Employee Benefits/Capita Pensions Research 2013.

The survey, conducted among 370 HR and benefits managers, found that 31% entrust the selection of investment funds in their default offering to their adviser, while 27% make the selection themselves, often using a board of trustees or a governance committee.

How respondents chose the default investment fund

How respondents chose the default investment fund
Sample: All respondents responsible for pensions (253)

Read the full version of Employee Benefits/Capita Research 2013