Surging annuity prices and the lack of market confidence in European economies will force employees to work longer in order to retire on a reasonable income, Mercer says.
The consultant's DC Barometer - which shows how changes in annuity and investment markets, as well as contribution levels, can influence the expected retirement age and income of defined contributi...
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, 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
