Provide education… and a degree of compulsion
There should be a mandatory minimum level for income for life
What should DC organisations do to encourage members towards better pension adequacy? (pick 2)
24%
Strongly agree
Higher emphasis on education across all ages
71%
38%
Agree
Education targeted at young to contribute more
36%
Soft default biased to income for life
17%
Neutral
32%
10%
Disagree
29%
Public policy engagement
Hard default biased to income for life
7%
10%
Strongly disagree
n = 29
n = 28
The polling results show a high level of support (62%) for the idea that there should be a mandatory minimum level of income for life in retirement. This suggests that a majority of respondents support stronger guarantees, which are likely to reduce flexibility or choice.
The strong support for education (top 2 responses) shows a clear belief that better outcomes start with informed members, not just post-retirement fixes. The challenge is translating this intent into effective, ongoing engagement, especially when attention spans are short and financial literacy varies widely.
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