Ageing society 'massively underestimated' by schemes

PTL warning comes as figures show the average pension pot is 18% of the recommended total

Hope William-Smith
clock • 1 min read
PTL Managing director Richard Butcher
Image:

PTL Managing director Richard Butcher

Pension schemes are not doing enough to prepare for the impact of an increasingly ageing society and are “massively underestimating” the long-term implications, PTL warns.

The governance services provider said schemes are therefore not making appropriate plans to deal with the challenges they will face related to an ageing society. Managing director Richard Butcher said...

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