Levels of confidence in retirement saving remain persistently low, with feelings dampened further by Covid-19, but savers recognise the current opportunities in equities, a State Street Global Advisors (SSGA) survey finds.
Over half (51%) of 1,000 defined contribution (DC) savers said they were not optimistic about their retirement and, of those, 23% said they were not optimistic at all. Nearly one in five (18%) said...
Contract-based pension providers could be required to nudge savers to book Pension Wise appointments before accessing their savings.
The Pensions Administration Standards Association (PASA) has launched a defined contribution (DC) transfer working group.
Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
Charlotte Moore looks at how those born between 1965 and 1980 are likely to feel the pinch at retirement.
The value destruction of a savers’ pension at the point of retirement is “huge” and personalised guidance is vital to prevent members knocking out years of savings, according to industry experts.