Figures reveal rollercoaster year for DC pensions

The consultant says the total value of DC assets stood at nearly £505bn at the end of November, compared with £402bn the same time last year. It was also up £16bn compared to the end of last month. Aon also says combined savings fluctuated throughout the year from a year-low of £344bn in March to a high of £518bn in October Aon Consulting senior consultant Richard Strachan explains: "It's been another rollercoaster 12 months for UK workers. The nation has seen its combined savings fluctuate from a year-low of £344bn during March to a high of £518bn during October." He also says ins...