Burden of DB 'throttling' investment in younger generation's retirement

James Phillips
clock • 2 min read

Young workers' pension funds are being sacrificed so private companies can afford to pay "over-generous" pensions for older members, according to the Intergenerational Foundation (IF).

Its latest report said there is a £22,400 gap between annual contributions to defined benefit (DB) DB and defined contribution (DC) schemes, with the average DB scheme paying out £23,600 a year whi...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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