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July 01, 2021

Make it Stack #9 - Understanding your Defined Contribution Pension

12 minutes

Welcome to Make it Stack with Will Waterhouse, the podcast designed to demystify the world of saving and investing for young people. In this episode, I talk about Defined Contribution Pensions.

Topics discussed: Introduction to DC pension, default strategies, pension consolidation and my personal pension arrangements.

Key takeaways:

Your Defined Contribution (“DC”) pension builds up using your monthly contributions along with your employer’s.

Contributions are invested into a diversified portfolio which may consist of shares, bonds and alternative investments.

Your pension pot is subject to investment risk – this will decrease as you approach retirement automatically (unless you opt to choose your own investments).

Taking too little investment risk can compromise your final pension value.

Instagram: @cayton_analytics

Website: https://caytonanalytics.com/

This podcast is for educational purposes only and should not be construed as financial advice.

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By Will Waterhouse