UK must seize DC pension learning opportunities to address decumulation challenges
Defined contribution (DC) pensions provide new opportunities to address retirement income challenges, but the UK can take lessons from countries with more developed DC pension systems to improve member outcomes, according to a Pensions Policy Institute (PPI) report. The PPI’s latest research report noted that while the UK had the second largest stock of pension assets in 2021, it was some way behind Australia, the US and Canada on the path to a fully formed DC system. It also warned that...
