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).
Analysts at CLSA believe that the IT firms will guide conservatively going ahead and kept outlook unchanged for key verticals like banking, retail, hi-tech, and telecom
A majority of defined contribution (DC) savers prioritise the protection of their pension savings over the prospect of a higher investment return, a study by the Pensions and Lifetime Savings Association (PLSA) shows.