MEMBERS of defined contribution schemes face severe erosion of purchasing power because of high inflation, Aon Consulting warns.
Benefit solutions division principal Helen Dowsey said present individuals faced losing around one fifth of the purchasing power of their pension over the next five years – and potentially more if ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
