Just one in seven DC members are saving enough

Michael Klimes
clock • 2 min read

Only 16% of defined contribution (DC) savers are saving enough to maintain their standard of living in retirement according to Aon Hewitt.

The latest results of its Defined Contribution Member Survey 2016 showed a huge disconnect between what savers expect and the amount they actually save. The study conducted across the UK in coll...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Aviva launches flexible pension scheme for Bolt

Aviva launches flexible pension scheme for Bolt

Drivers for private hire vehicle app will contribute 5% of fees from completed trips

Jasmine Urquhart
clock 25 March 2024 • 1 min read
TPR: Challenge and disclosure must become the 'norm'

TPR: Challenge and disclosure must become the 'norm'

Regulator says industry must use value for money as ‘guiding principle’

Martin Richmond
clock 21 March 2024 • 3 min read
SPP: The differences in retirement outcomes for men and women

SPP: The differences in retirement outcomes for men and women

Madelena Cain looks at the factors driving the gender pensions gap and how to tackle them

Madelena Cain
clock 20 March 2024 • 3 min read
Trustpilot