Monday, 16 July 2018
From property to parlance Sara Benwell explores how schemes can help their members overcome five common pensions misconceptions
How are schemes giving members access to the full range of retirement income strategies?
Sometimes also called 'money purchase' schemes. In a defined contribution scheme, each individual holds his or her own 'pot' of money, which will be used after retirement to provide an on-going source of pension income. All the investment risk sits with the member, not the employer.