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We are the UK's leading independent authority on pensions and retirement policy. We conduct rigorous, impartial, evidence-based research that shapes better retirement outcomes for everyone.

Reports and Briefing Notes

The DC Future Book 2025

Published on Thursday 23 October 2025, the eleventh edition of the Pensions Policy Institute’s DC Future Book continues to serve as the trusted source for data and commentary on the Defined Contribution (DC) pensions landscape.

Reflecting the evolving nature of pensions, this year’s edition takes a new shape. Instead of a full report, we’re sharing our analysis through a focused, easy-to-navigate slide deck, designed to make key trends, data, and insights more accessible and practical to use.

This streamlined format keeps the core analysis you rely on, while opening the door to fresh perspectives and innovative approaches in future editions.

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