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

Aviva Master Trust passes £20bn asset milestone

Aviva Master Trust passes £20bn asset milestone

Commercial master trust nears £25bn scale test threshold set out by government

Alex Levy
clock 28 September 2026 • 2 min read
Partner Insight: From gilts to grids - Five themes shaping the U.K. investment landscape

Partner Insight: From gilts to grids - Five themes shaping the U.K. investment landscape

Sophie Ballard, Nuveen
clock 28 September 2026 • 3 min read
Partner Insight: Closing the gap - why UK pension schemes can't afford to sit out private markets

Partner Insight: Closing the gap - why UK pension schemes can't afford to sit out private markets

As policy tailwinds strengthen the UK's private markets opportunity, Federated Hermes' private markets specialists explain why they believe pension schemes are still leaving returns on the table.

Federated Hermes
clock 28 September 2026 • 4 min read
Trustpilot