Pensions 'holidays' wiping thousands from DC market

Hope William-Smith
clock • 2 min read

One in ten UK workers have paused their pension contributions during the Covid-19 pandemic with their absence from the defined contribution (DC) space bringing serious implications for the retirement landscape.

Canada Life surveyed 2,000 UK adults through August and find a further 13% had considered pausing contributions. The biggest reason (37%) cited among those who had was to use the money for essen...

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