The expected retirement outcomes of the typical defined contribution (DC) saver fell over Q3 2023 following the update to the Pension and Lifetime Savings Association’s (PLSA) Retirement Living Standards (RLS).
Most of the industry think the government is unlikely to pay attention to improving contribution adequacy within defined contribution (DC) pensions, a Professional Pensions poll finds.
The increase to the Pension and Lifetime Savings Association’s (PLSA) Retirement Living Standards (RLS) is a ‘wake-up call’ for both the government and the pensions industry, leading figures say.