#4 Income in retirement – the problem that won’t go away
Rightly or wrongly, members are seen to have similar accumulation needs.
Rightly, they are seen as having unique retirement income needs. 60% of peers volunteered, unprompted, that retirement income was the biggest challenge for DC. All peers offer drawdown, and many other options are offered to. Soft-default pathways are beginning to emerge. But polling at our in-person event clearly shows that there is still a very long way to go before we have solved this problem.
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