Greenwich Associates today named Fidelity and Zurich as the 2016 Greenwich Quality Leaders in U.K. Bundled Defined Contribution Corporate Pension Services. Of the 10 DC pension providers evaluated, these firms received the highest ratings for overall quality from the leading corporate benefit consultants interviewed by Greenwich Associates in late 2015 as part of its most recent research of the U.K. DC pension industry.
This is the sixth time in seven years that Zurich has been a Greenwich Quality Leader, and marks the second consecutive year that Fidelity has been recognized for delivering excellence across its overall proposition.
2016 Greenwich Quality Leaders: U.K. Bundled DC Corporate Pensions
Since 2007 Greenwich Associates has interviewed leading corporate benefit consultants to evaluate the DC pension providers they follow closely. This year, consultants were asked to evaluate providers on a total of 29 key metrics covering their investment proposition, administration platform and their member experience and communications.
For the third consecutive year, Zurich leads the market – by some margin – for the quality of its investment proposition. For the fourth year in a row, Fidelity ranks top for scheme administration for the second consecutive year Fidelity also ranks well ahead of others for the quality of its member experience and communications.
Greenwich Quality Leaders are firms that have distinguished themselves in the market by receiving overall quality ratings that top those given to competitors by a meaningful margin, with all quality leaders scoring in the top quartile of the Greenwich Quality Index Overall. This year, Fidelity and Zurich are the firms earning the distinction of delivering the highest overall quality across their bundled DC corporate pension propositions.