CDC decumulation could see 50% retirement income rise

CDC pension could provide savers with substantially more income than annuities

Martin Richmond
clock • 2 min read
CDC decumulation could see 50% retirement income rise

Using collective defined contribution (CDC) schemes as a decumulation option could provide savers with a greater income in retirement, Aon research reveals.

The firm's report - The Power of Pooling ­- revealed for a typical retiree aged 65 could expect to receive an income of around £2,000 per annum if they purchased an inflation-linked annuity. Howeve...

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