RIP Defined Benefit Pensions: The New Retirement Questions Defined Contribution Savers Must Answer

This symbolic image depicts a couple reflecting on the end of the traditional defined benefit pension era. Standing beside a gravestone marked “RIP Defined Benefit Pension,” they look towards a modern defined contribution pension dashboard highlighting the key decisions retirees now face. The image represents the shift from guaranteed retirement income to a world where individuals must make important choices about drawdown, investment risk, taxation, income sustainability and inheritance planning.