Life-long income: Designing default retirement solutions for a new decumulation era alongside a highly personalised capability

Insights

22/10/2025

Designing default retirement solutions for a new decumulation era.

As the UK moves towards a new framework for retirement income, the challenge is clear:
how can providers deliver simplicity, flexibility, and security — all at once?

In this final article from Lumera’s UK DC Pension 2030 roundtable series, senior leaders from across the DC landscape discuss how schemes can support members through decumulation with confidence and fairness.

Topics include:

  • Designing default retirement income solutions for diverse member needs

  • Balancing simplicity with personalisation

  • Building trust through communication and governance

  • The evolving role of technology in shaping sustainable lifetime income

Explore what it will take to build retirement solutions that work — not just in theory, but in the real lives of UK pension members.

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