According to a report from Chicago-headquartered consulting firm Aon Hewitt, 36% of DB schemes with funds over £100m ($156m, €142m) said they will quote the transfer value in light of new pension freedoms introduced in April.
For those smaller DB schemes with less than £100m, around 20% said they would quote the transfer value.
Aon Hewitt said quoting the value would “simplify the first step of the process for members to take their benefits to a defined contribution (DC) arrangement where they could access the full range of flexibilities”.
The Global Pension Risk Survey 2015 also found two thirds of schemes had no plans to provide any extra guidance or additional information to defined benefit members, other than the guidance provided by the guidance guarantee.
Only a small fraction – 9% of schemes – planned to make independent finance advice available to members.
Around 220 different schemes, with a total of four and a half million members, took part in the survey.
In June, the Financial Conduct Authority estimated the number of advisers needing a specialist pension transfer qualification would triple.
Any members in DB schemes over £30,000 now need to seek financial advice before transferring their pensions.
