The UK has the lowest gross replacement rate in the Organisation for Economic Co-operation and Development for state pensions, the TUC says.
Assistance general secretary Kay Carberry said despite this startling fact, the number of people saving in occupational pensions is still in decline. She said 9 million people were active member...
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
