Pensions 'roulette' leaves savers '£5,000 a year worse off'

James Phillips
clock • 2 min read

Pot luck on investment returns leaves savers playing "pensions roulette" in the years just before retirement, the Trades Union Congress (TUC) has said.

Market volatility means defined contribution (DC) scheme members could lose up to £5,000 a year in later life if they happen to retire after a bad year of investment returns and annuity rates. T...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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