A third unaware how much they pay into their pension

Broadstone analysis finds most DC savers have not increased the amount they pay in

Jasmine Urquhart
clock • 1 min read
Majority of DC savers have not increased their pension contributions, Broadstone finds
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Majority of DC savers have not increased their pension contributions, Broadstone finds

More than one third (34%) of defined contribution (DC) scheme members are unaware how much they are contributing to their pension, analysis by Broadstone has found.

Looking at data from the Financial Conduct Authority's Financial Lives Survey, the consultancy found just 34% of DC savers were confident about their retirement income. Three quarters (74%) of t...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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