'Crucial' to consider savers' needs amid expansion in pension offerings

LCP says industry is at an ‘inflection point’ in UK pension provision

Martin Richmond
clock • 4 min read
'Crucial' to consider savers' needs amid expansion in pension offerings

It is “crucial” for pension schemes to understand their savers’ needs due to expansion in the available types of pension provision, an LCP paper has said.

The consultancy's report – The future of pensions? – said the past decade has seen "major changes" in how people save for their retirement, especially with the decline in defined benefit (DB) and t...

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