IFS: Rates of projected adequacy often higher for those on lower levels of earnings

PP conference delegates hear DC savers still face wide ranging challenges while ‘knowledge is generally low’

Martin Richmond
clock • 3 min read
IFS associate director David Sturrock (Credit: Naomi Gabrielle Photography
Image:

IFS associate director David Sturrock (Credit: Naomi Gabrielle Photography

Rates of projected adequacy are often higher for those on lower levels of earnings while many of those with higher levels of earnings are often more at risk of falling short of a benchmark replacement rate, the Institute for Fiscal Studies (IFS) says.

Speaking today (18 June) at the Professional Pensions Defined Contribution (DC) Conference in London, IFS associate director David Sturrock explained the IFS undertook modelling to understand how m...

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