What is better, a Defined Benefit (DB) pension or a Defined Contribution (DC) pension? If you had asked that question a number of years ago the answer would have been the Defined Benefit scheme by a country mile. A pension that gave you a ‘guaranteed pension’ when you reached retirement age or a pension that… Read More
Defined Benefit Pensions
A rocket scientist’s guide to understanding your pension
Can the concept of saving during ones working lifetime in order to provide financial security in retirement really be that complicated? It’s not rocket science so why is it beginning to seem like it? It never fails to amaze me just how complicated the pensions world has become. The complexities seem to increase at an… Read More
