Disclaimer: Views in this blog do not promote, and are not directly connected to any L&G product or service. Views are from a range of L&G investment professionals, may be specific to an author’s particular investment region or desk, and do not necessarily reflect the views of L&G. For investment professionals only.
Podcast: DC Close Up – the retirement income lens
In the latest episode of DC Close Up for L&G Talks Asset Management, we turn our attention to retirement income. As a growing number of DC savers approach retirement, how can the industry help people turn their pension savings into a sustainable income?

Our Global Head of DC, Lesley-Ann Morgan, is joined by Micah Smith, Head of Retirement Innovation at L&G, and Paul Waters, Partner and Head of DC Markets at Hymans Robertson, to explore the changing retirement income landscape.
Together, they discuss why turning a pension pot into an income can be so complex, from longevity and inflation to investment risk and people's different circumstances.
They also consider how policy initiatives including targeted support and guided retirement could help people navigate retirement decisions.
The discussion looks at the evolving range of retirement income approaches, including drawdown, annuities and Retirement CDC, and the trade-offs between security, flexibility, simplicity and choice.
With retirement being highly personal, could the future lie in a broader ecosystem of solutions rather than a one-size-fits-all approach?
Watch or listen to the full episode to hear what retirement income could look like in the years ahead.
Listen on Apple, Audioboom or Spotify.
Watch on YouTube and our DC Close Up website.
This episode was recorded on 7 October 2026. All information and views from L&G and Hymans Robertson as at date of recording.
For professional investors only. Capital at risk. Assumptions, opinions, and estimates are provided for illustrative purposes only. There is no guarantee that any forecasts made will come to pass. The information in this podcast is for information purposes only and we are not soliciting any action based on it. It is not a recommendation to buy or sell securities or pursue a particular investment strategy. It is not investment, legal, regulatory or tax advice.
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