The world of DC pensions is a world of ‘Decision Citizens’ – people whose choices during their working life can profoundly affect their quality of life in retirement.
Regularly reviewing workplace pension contributions and increasing them ‘little and often’ is a far better strategy than hoping to make up for a lifetime of under-saving close to retirement.
Our new research shows very clearly how many people could be heading for disappointment in retirement. This creates a huge opportunity for advisers.
It’s only with their expert guidance and advice that people will be able to make informed decisions and make sure they don’t end up struggling to make ends meet in retirement.