Millions of DC savers set for retirement income disappointment - research
Majority at 'high risk'
Savers may struggle to make their pots endure through their retirement
More than nine in ten defined contribution (DC) savers are at “high risk” of not achieving their expected retirement income, the Pensions Policy Institute (PPI) and Centre for Ageing Better warn.
While auto-enrolment (AE) has driven up contributions to pension schemes, those aged over 50 are most likely to face difficulties at retirement due to a combination of less time to save in AE schemes and...
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