Growth of DC will require reforms to help savers manage risks, IFS says

IFS report says savers facing ‘stark’ challenges managing DC pensions through retirement

Martin Richmond
clock • 7 min read
Growth of DC will require reforms to help savers manage risks, IFS says

Reforms are required following the increased importance of defined contribution (DC) pensions and the rise in the level of wealth accumulated by DC savers, the Institute of Fiscal Studies (IFS) has said.

The think tank's report – Individuals' challenges managing pensions through retirement – published today (1 April) in partnership with the Abrdn Financial Fairness Trust, revealed the share of reti...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

SPP: The message to the government is clear - don't mandate

SPP: The message to the government is clear - don't mandate

Jeremy Goodwin says mandation would ‘drive a coach and horses’ through the prudent person principle

Jeremy Goodwin
clock 14 October 2025 • 3 min read
Most DC schemes do not offer at retirement benefit options

Most DC schemes do not offer at retirement benefit options

But TPR survey finds schemes are taking steps to review, launch or partner to provide members with solutions

Jasmine Urquhart
clock 14 October 2025 • 2 min read
L&G expands retirement planner to younger DC members

L&G expands retirement planner to younger DC members

Firm says planner has ‘significantly boosted’ retirement readiness among members approaching retirement

Martin Richmond
clock 07 October 2025 • 2 min read
Trustpilot