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Hymans Robertson says the vast majority of members earning up to £50,000 have a low or very low chance of reaching a 'comfortable' RLS
Hymans Robertson has released a ‘Guided Outcomes’ model for measuring the chances of reaching the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards (RLS) on different salaries and contribution rates.
The modelling, which converts the RLS to incomes by adjusting for the appropriate marginal income tax rates, found members who "contribute regularly over their working life", contributing anywhere ...
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