The average defined contribution member has lost £2,750 a year from their income in retirement over the last year, research finds.
The Alexander Forbes National Pension Index - which tracks projected retirement income benchmarked at the year 2000 - fell from 67.4 to 58.9 in the 12 months to March. This drop equates to a los...
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