Five to ten years 'reasonable' for pension coronavirus recovery

Hope William-Smith
clock • 2 min read

Savers with less than a decade to go until retirement have a reasonable timeframe ahead for their pension to recover from the market instability caused by the Covid-19 coronavirus, according to Unbiased.

The adviser directory website confirmed that could be the case if savers took immediate action to increase contributions, while employers could then do the same to match rates. It said: "[Savers...

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

Partner Insight: Building a reliable income for life in decumulation for DC members

Partner Insight: Building a reliable income for life in decumulation for DC members

Philip Smith, DC Director of TPT Retirement Solutions
clock 04 March 2025 • 5 min read
Gender pensions gap to 'keep rising', Broadstone says

Gender pensions gap to 'keep rising', Broadstone says

More women are ‘contributing less’ to DC pots, with men having pots double the size

Jasmine Urquhart
clock 11 February 2025 • 2 min read
Partner Insight: European ABS - A compelling tool for DC default strategies

Partner Insight: European ABS - A compelling tool for DC default strategies

Asset-backed securities are often a misunderstood asset class, despite having many compelling characteristics including a potential return premium and a defensive capital structure. These, in our view, make them well-suited as a tool for inclusion in...

M&G Investments
clock 12 December 2024 • 3 min read
Trustpilot