Value destruction risk at retirement 'huge'; Industry urged to provide personalised guidance

Holly Roach
clock • 3 min read
We are at the point where the 'government needs to intervene to help'
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We are at the point where the 'government needs to intervene to help'

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.

Speaking yesterday (27 April) at the Legal & General Investment Management (LGIM) defined contribution (DC) summit, head of multi-asset funds John Roe said: "Value destruction at the point of retirement...

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