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

  • 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 Industry

Take part in this week's Pensions Buzz survey

Buzz: Was last week's Autumn Statement a good one for pensions?

Autumn Statement, pot for life, PPF, and trustee register

Professional Pensions
clock 27 November 2023 • 1 min read
UK Pensions Awards 2023 - Winners' Supplement

UK Pensions Awards 2023 - Winners' Supplement

Celebrating excellence in pensions

Professional Pensions
clock 27 November 2023 • 1 min read
Punter Southall Aspire's David Taylor (left) shakes hands with Foster Denovo's Roger Brosch (right)

Foster Denovo Group's Secondsight to acquire Punter Southall Aspire

Deal will see Secondsight’s team double in size and broaden in geographical reach

Jonathan Stapleton
clock 27 November 2023 • 2 min read
Trustpilot