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 ...

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