Defined contribution (DC) pension members are heading for a “worse catastrophe than previously thought” with regards to adequacy models, according to PTL.
The firm revealed most DC adequacy models are "overlooking some major factors", meaning that many more members than previously thought are heading towards retirement with inadequate savings. Factors...
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.
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.
The Important Role of Active Management in Defined Contribution Schemes