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By Lauren Wilkinson, Daniela Silcock and John Adams
Compared to previous generations of pensioners, current and future retirees will:
• Live longer on average, • Receive their State Pension later,
• Be more likely to be dependent on Defined Contribution (DC) savings,
• Have no, or low, levels of Defined Benefit (DB) entitlement, and
• Flexibly access their DC savings.
These changes increase the risks borne by pension scheme members and the complexity of decisions people must make at and during retirement. It is important that a comprehensive compendium of DC statistics and data is available to allow observation of, and reaction to, developing trends.
The Pensions Policy Institute (PPI) is publishing the sixth edition of its annual DC compendium, “The DC Future Book: in association with Columbia Threadneedle Investments”, setting out available data on the DC landscape alongside commentary, analysis and projections of future trends.
Get the book here
