More than half of retirees could be at risk of making poor decisions with their defined contribution (DC) savings by 2024, warns the Pensions Policy Institute.
The organisation said the number of medium risk and high risk retirees could more than double from 100,000 next year to 240,000 in a decade. The high risk group equates to 694,000 people or 12% ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date