Retirees 'risk draining' pension pots by 'ignoring' market volatility

Kim Kaveh
clock • 2 min read

Some 41% of people in drawdown are not adjusting their pension income levels to account for stock market volatility, analysis by Zurich has found.

According to the Drawdown: Is it working for consumers? report, as there are more than 431,000 retirees using income drawdown to fund their retirement, this means as many as 176,000 people could ri...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

How master trusts can help narrow the gender pensions gap

How master trusts can help narrow the gender pensions gap

Simple steps can go a long way to help women reap the benefit of pensions

Georgie Edwards
clock 07 March 2025 • 4 min read
Defined Contribution Conference 2025: Registration open!

Defined Contribution Conference 2025: Registration open!

This year's event is being held in central London on 18 June

Professional Pensions
clock 07 March 2025 • 1 min read
DC providers' accumulation performance gap rises in 2024, research shows

DC providers' accumulation performance gap rises in 2024, research shows

Research finds performance gap between providers in accumulation phase stood at 14.4%

Martin Richmond
clock 04 March 2025 • 3 min read
Trustpilot