The Future Book: unravelling workplace pensions, second edition 2016
Changes occurring within the Defined Contribution (DC) pension world mean that, in future, retirees will be: living longer; entitled to the state pension later; more likely to reach retirement with DC savings; and, have greater flexibility of access to DC savings from age 55.
10. oktober 2016
Greater numbers of DC savers, coupled with this greater flexibility, will increase the level of risk that people with pension savings face at and during retirement. It is therefore important that comprehensive statistics and analysis of DC pension trends are available to help monitor and inform future policy.