DC schemes are rapidly gathering assets, but many of them still mostly have young members. Against this backdrop, mallowstreet, in partnership with Milliman, conducted a survey of 22 DC schemes and master trusts in Q1 2022, representing a total of £65bn in assets. The goal was to gauge industry support for the development of drawdown solutions offering a sustainable level of income, and what an optimal offering could potentially look like. This flash report presents our findings.
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