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16 Aug 2022
Baby Boomers with Final Salary Pensions are much better off.
About half of Baby Boomers are benefitting from Defined Benefit pension for solid baseline Retirement income. State Pensions, personal Defined Contribution Pensions, ISAs and other investments can then support variable 'lifestyle' expenditure.
Watch the second video on Defined Benefit vs Defined Contribution pensions, which accompanies Dunstan Thomas 'Exploring Baby Boomer's Lengthening Retirement Journeys' consumer study.
