UK - The annual income that a person receives in retirement has been cut by nearly 80% over the last 10 years, new research has revealed.
Watson Wyatt said lower returns on investments meant the pension pot after saving for 20 years was less than half what it would have been 10 years ago and annuity rates used to convert pension pots...
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