At-retirement options: A ticking time bomb?

Ignoring the ‘pensions Cinderella’ will return to haunt us, says Stephanie Hawthorne

clock • 8 min read
At-retirement options: A ticking time bomb?

A record nine million people will reach pension freedoms age in the coming decade. With final salary schemes on the wane, the defined contribution (DC) replacement will for the first time be the bedrock of most Britons’ private pension provision.

Yet, at retirement, DC members are often on their own when making complex decisions that would even tax an actuary. These are on longevity, cashflow modelling, charges and even just selecting the r...

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