Getting policy right for the ski slope of doom

Faster than expected decline of open DB leads to calls for DC policy upgrade to improve outcomes

clock • 9 min read
A ski slope of doom? LCP says at-retirement income for men will fall as inadequate DC replaces DB
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A ski slope of doom? LCP says at-retirement income for men will fall as inadequate DC replaces DB

Charlotte Moore finds that, with the peak of DB benefits fast approaching, DC policy needs to be urgently reviewed to avoid poor member outcomes.

There is an assumption that legacy defined benefit (DB) pensions will tide over retirees until defined contribution (DC) schemes mature and can replace these now rare private sector employee benefi...

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