Personal accounts will not protect against poverty in retirement

Jonathan Stapleton
clock

The government will fail to protect millions of Britons from poverty in old age unless it makes vital changes to the way in which it plans to introduce personal accounts, a Royal Society for the Encouragement of Arts, Manufactures and Commerce report says.

The educational society's report - Pensions for the people: addressing the investment crisis in Britain - concluded that, although the government's policy of auto-enrolment and personal accounts re...

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: Getting retirement guidance right – the future of DC depends on it

Partner Insight: Getting retirement guidance right – the future of DC depends on it

Philip Smith, DC Director, TPT Retirement Solutions
clock 01 August 2025 • 6 min read
Partner Insight: L&G's DC buyers' guide for private markets

Partner Insight: L&G's DC buyers' guide for private markets

Part 2.The value of quality

Martin Dietz, Head of Diversified Strategies, L&G and Jayesh Patel, Head of UK DC Distribution, L&G
clock 30 July 2025 • 7 min read
Partner Insight: Renting into retirement - The future cost of the affordable housing crisis

Partner Insight: Renting into retirement - The future cost of the affordable housing crisis

L&G's latest DC research with UK pension savers underscores how deep the fault line from the housing crisis goes.

Paula Llewellyn, CEO, DC & Workplace Savings, L&G
clock 30 July 2025 • 4 min read
Trustpilot