Defined contribution provision provides a "grossly inadequate" income and is condemning future elderly to a life of poverty, research by a think tank reveals.
Research by Long Finance - written by BrightonRock head of research Con Keating (pictured) - suggested DC members need to pay 50% more over their working life to achieve the same retirement income ...
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
