Is 15% the right level for DC contributions?

Lord Hutton says the UK needs a retirement savings target of 15%. How do we get there?

Helen Morrissey
clock • 5 min read

Lord Hutton says the UK needs a retirement savings target of 15% of income. Helen Morrissey looks at whether this is viable and how we can get there.

At a glance A report has called for UK workers to save 15% of income for retirement The current household savings ratio is 6.7% Workplace schemes can play a big part in raising contributio...

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