DC market must 'embrace innovation' to boost outcomes

Increase in risk sharing across DC could boost retirement income by 20%

Martin Richmond
clock • 4 min read
DC market must 'embrace innovation' to boost outcomes

The defined contribution (DC) market needs to embrace “innovative thinking” and promote risk sharing in order to provide members with a good outcome in retirement, according to Hymans Robertson.

The consultancy's report - Risk sharing: an age old solution to an age old problem - published today (10 July) revealed the average worker saving for retirement at the minimum auto-enrolment (AE) c...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Good News Corner: PPF champions underrepresented talent

Good News Corner: PPF champions underrepresented talent

Lifeboat fund says it recruited three interns from underrepresented groups in National Inclusion Week

Jasmine Urquhart
clock 27 September 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Schemes under professional trustee management, pensions review reaction, Rothesay H1 performance

Professional Pensions
clock 27 September 2024 • 1 min read
Implications from Virgin Media case should be government's top priority, says SPP

Implications from Virgin Media case should be government's top priority, says SPP

Survey finds nearly half of respondents call for government action over Court of Appeal’s decision

Martin Richmond
clock 27 September 2024 • 1 min read
Trustpilot