Why decumulation could be the next piece in the pension reform puzzle

Nigel Peaple calls for the introduction of a better framework for decumulation

clock • 3 min read
PLSA director of policy and advocacy Nigel Peaple
Image:

PLSA director of policy and advocacy Nigel Peaple

In the Pensions and Lifetime Savings Association’s (PLSA) regular column for Professional Pensions, the trade body’s director of policy and advocacy takes a look at the way forward for decumulation.

With pensions minister Laura Trott wasting no time in progressing her reform agenda for defined contribution DC pensions, there are signs she may next train her sights on decumulation. The chall...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

 People's Partnership chief investment officer Dan Mikulskis

Dan Mikulskis: Driving returns to boost DC member outcomes

Charlotte Moore speaks to People’s Partnership’s CIO Dan Mikulskis

Charlotte Moore
clock 07 December 2023 • 8 min read
Decumulation CDC can provide higher outcomes but must be communicated effectively with members, the PPI says

PPI publishes CDC in decumulation report

Investment risk, mortality assumptions and scheme sizes need to be taken into consideration for CDC

Jasmine Urquhart
clock 06 December 2023 • 4 min read
Partner Insight: Cashflow tops the agenda, but are DB schemes doing enough?

Partner Insight: Cashflow tops the agenda, but are DB schemes doing enough?

‘Black Swan’ events like 2022’s gilt crisis, highlighted the importance of cash flow, but as disruptive market events become the new normal, schemes must remain vigilant.

Sarka Halas
clock 06 December 2023 • 2 min read
Trustpilot