Pensions - Articles - DC Pensions Tracker results for Quarter 1 2022


Aon has released its DC Tracker Q1 2022 update, which found that the expected living standard in retirement provided by DC savings was higher than at the end of the previous quarter.

 However, the findings mask a more complex picture for the different age categories.

 Strong investment returns, particularly on equity assets, meant that it was a good time to be an asset holder. These strong returns (in isolation) increased the expected retirement incomes for all our sample savers. However, the effect was much more pronounced for the savers with the larger DC pots already built up (the 40- and 50-year-old members). While the younger savers also benefited from this, their existing fund value is relatively small and the majority of their benefits will be built up in the future so the returns had less of an impact on the overall potential retirement benefits for them.

 However, generally, growth assets fell in the first quarter of 2022 and we look set for a period of high volatility due to ongoing geopolitical tensions and their knock-on effects on the economy.

 Please find the full update
  

Back to Index


Similar News to this Story

The state pension remains a critical income source
Average annual retiree spending is £22,140 per year – nearly £10,000 below the recommended Pensions UK level for an adequate lifestyle in retirement.
What the Pensions Commission should consider and why
In July the government revived the Pensions Commission, to address the UK’s retirement crisis that risks tomorrow’s pensioners being poorer than today
Survey finds slowdown in discretionary pension increases
Aon has found that fewer UK defined benefit (DB) pension schemes are now granting inflation-driven discretionary increases. When compared with the two

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.