Workplace Pensions 2018
Over half of UK workers do not know what level of retirement income they will receive, while inadequate state pensions and insufficient savings mean millions will be forced to retire in poverty or “work until they drop”. However, it’s not all doom and gloom, The Workplace Pensions special report published in The Times, explores the potential of financial technology to future proof pension funds, a holistic approach to financial planning and how UK schemes are derisking their investment strategies. Also featured is an infographic details the $70-trillion savings-gap in eight of the world’s largest economies, as well as comment on the need for the pensions industry to catch up with the modern world
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