1/3 master trusts struggling to meet 'moderate' delivery

LCP findings outline what savers must consider when choosing a master trust

Hope William-Smith
clock • 2 min read
1/3 master trusts struggling to meet 'moderate' delivery

Two-in-three master trusts are expected to deliver a ‘moderate’ standard of living for the average saver, Lane Clark & Peacock (LCP) says.

A ‘moderate' retirement as defined by the Pensions and Lifetime Savings Association's Retirement Living Standards is £20,000 per year for a single person or £30,000 per year for a couple. In its ‘Master...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Admin / Technology

Alan Clay: The UK pensions sector is now at a 'crucial juncture'

Trustees reluctant on digital despite member need

Standoff emerges as trustees reluctant to invest in platforms due to lack of engagement

Jonathan Stapleton
clock 19 May 2022 • 4 min read
Legal Review: Further compliance work ahead?

Legal Review: Further compliance work ahead?

Ele Lovering breaks down what trustees can learn from the Beattie case

Ele Lovering
clock 16 May 2022 • 3 min read
Piltz: "We are looking forward to bringing this to schemes in the coming months"

Buck launches integrated DB governance solution

Echelon+ will have specific member focus and offer schemes a wide range of benefits

clock 11 May 2022 • 1 min read
Trustpilot