The FCA's decumulation challenge: Can UK REITs help deliver sustainable retirement income?

The UK's shift from defined benefit to defined contribution pensions has fundamentally changed retirement planning.  The current 55–65 cohort is the first generation where, for a large proportion of private-sector workers, their retirement has become their responsibility rather than their employer's.  And they are no longer focused on building wealth but turning that wealth into a dependable income stream. As life expectancy increases and retirement periods extend well beyond 20 years, investors need portfolios capable of generating sustainable income while preserving capital.  ...