X hits on this document

9 views

0 shares

0 downloads

0 comments

6 / 6

Aim of DC Pensions

  • To deliver minimum retirement security?

  • Or to maximise investment returns?

  • Investment returns unreliable – cannot reliably do both

  • A pension fund is not a pension!

  • Annuities and decumulation? Flexibility

  • Need stable social welfare base – State resident’s pension

  • No more means-testing penalties

  • Flexible long-term savings

  • Pensions alone cannot solve pensions crisis – bonus years 6

Document info
Document views9
Page views9
Page last viewedFri Oct 28 08:38:25 UTC 2016
Pages6
Paragraphs78
Words293

Comments