Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

Research finds retirees who own their homes tend to ‘frontload’ their retirement spending

Martin Richmond
clock • 6 min read
Decumulation solutions need tailored approach amid varying pensioner spending habits, report says

The differences in pensioner spending habits will require pension providers to go beyond a one-size-fits-all default approach to providing members with an income in retirement, a research paper co-authored by LCP and the University of Bath has found.

With the government set to legislate to require pension schemes to offer guided retirement products to members, as part of the Pension Schemes Bill which is expected to be laid in parliament later ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Partner Insight: 'Access was only the beginning' - three years on from the UK's first LTAF

Partner Insight: 'Access was only the beginning' - three years on from the UK's first LTAF

Debates around private markets in DC pensions have shifted from regulatory ambition to defining successful implementation. In this interview, Vikram Bhandari shares our insights from three years of managing the first-ever Long-Term Asset Fund.

Ryan Taylor, Head of UK DC Clients at Schroders and Vikram Bhandari, Head and Chief Investment Officer of Schroders Capital Solutions
clock 20 July 2026 • 12 min read
Partner Insight: The future belongs to scale – but there's more to it

Partner Insight: The future belongs to scale – but there's more to it

As the market consolidates, what does it mean for members and trustees?

Jerry Butcher, Workplace Savings Director, Scottish Widows
clock 16 July 2026 • 5 min read
DC entering 'new phase' with master trusts now 'dominant' in large scheme market

DC entering 'new phase' with master trusts now 'dominant' in large scheme market

Howden research reveals master trusts now account for 41% of large DC schemes

Holly Roach
clock 09 July 2026 • 1 min read
Trustpilot