Industry mostly agrees DC sector needs a rethink

PP poll finds many think DC sector should reevaluate itself amid falling contributions

Jasmine Urquhart
clock • 2 min read
Respondents say DC pensions need a 'rethink' to address inadequate contribution levels
Image:

Respondents say DC pensions need a 'rethink' to address inadequate contribution levels

The pensions industry mostly agrees the defined contribution (DC) sector needs a rethink given low contribution levels and increasing life expectancy.

The Professional Pensions Buzz poll found almost two thirds (60%) of respondents agreed with the need for a rethink of the sector, with many pointing out "generally inadequate" contribution levels ...

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 Defined Contribution

Industry not in favour of targeting productive investments from DC funds

Industry not in favour of targeting productive investments from DC funds

PP poll finds 52% say Reeves should not use Budget to target DC productive investments

Martin Richmond
clock 02 October 2024 • 2 min read
DC Future Book highlights incoming challenges for industry and members

DC Future Book highlights incoming challenges for industry and members

Tenth edition of DC Future Book shows more workers ineligible for AE than those currently enrolled

Martin Richmond
clock 26 September 2024 • 4 min read
Decumulation complexities may require ongoing support from schemes, industry says

Decumulation complexities may require ongoing support from schemes, industry says

Hymans Robertson webinar says DC savers will be navigating a ‘complicated’ market

Martin Richmond
clock 26 September 2024 • 3 min read
Trustpilot