Inflation hampering DC savers' climate commitments

Generations divided over commitments to climate change and net-zero pensions

clock • 3 min read
LGIM's Rita Butler-Jones: "DC savers facing challenges in the current economic climate"
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LGIM's Rita Butler-Jones: "DC savers facing challenges in the current economic climate"

Increases in inflation, combined with the rising cost of living, are having an adverse impact on defined contribution (DC) savers’ climate commitments, a survey has found.

A survey of 4,500 DC savers was conducted by Legal & General Investment Management (LGIM) revealed that the climate commitments of DC pensions savers, such as net-zero ambitions, are diminishing as the...

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