WTW proposes four replacement options for 'broken' DC pensions

Consultancy considers whether it is better to replace DC rather than to repair it

Jonathan Stapleton
clock • 3 min read
Rash Bhabra: What individuals really need is retirement income
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Rash Bhabra: What individuals really need is retirement income

Employers should look beyond just repairing “broken” defined contribution (DC) pension provision and consider designs that could help employees achieve better outcomes, WTW says.

In a whitepaper published today – Reimagining Pensions – the consultancy proposes four ways of replacing DC pensions with designs that could help improve member outcomes without employers having to...

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