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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Defined Contribution

Members still struggling with retirement decisions despite a rise in engagement

Members still struggling with retirement decisions despite a rise in engagement

TPT research shows just 11% of members have never reviewed their pension

Martin Richmond
clock 04 August 2026 • 2 min read
SPP: How VfM can evolve to close the consumer gap

SPP: How VfM can evolve to close the consumer gap

Harriet Sayer looks at how the value for money (VfM) framework can become a practical tool for members

Harriet Sayer
clock 04 August 2026 • 3 min read
Nine in ten AE-eligible employees now saving into a workplace pension

Nine in ten AE-eligible employees now saving into a workplace pension

DWP figures show annual workplace savings reached £166.1bn in 2025

Martin Richmond
clock 30 July 2026 • 4 min read
Trustpilot