Savers' knowledge of four pillars of DC pensions remains 'critically low'

Nearly half of DC savers have never checked how much they have saved into their pension

Martin Richmond
clock • 4 min read
Savers' knowledge of four pillars of DC pensions remains 'critically low'

Defined contribution (DC) savers’ knowledge of the “four pillars of DC retirement saving” is at “critically low” levels, research from Broadstone shows.

The consultancy's analysis of the latest Financial Lives Survey from the Financial Conduct Authority argued there is a "pressing need" for improvement across all four aspects of DC pension savings ...

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Martin Richmond
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Martin Richmond

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