DC pots worth less than cash contributions

The firm's analysis revealed a 50 year-old who had been paying 5% of his salary for the last 10 years into a DC pensions pot invested in equities would have seen an annual loos of around 3% per annum in absolute terms. And it noted a 55 year-old who had been paying 10% of his salary for the last 20 years into a DC pensions pot invested in equities would have seen a growth rate of less than 4% a year. PwC said both of these were less than a cash investment over the period. And it warned there was the additional challenge of annuities having become more expensive due to increasing longe...