A third of retirees face life below the poverty line

Jenna Towler
clock

More than a third of women face retirement below the poverty line after underestimating how much they need to live a comfortable lifestyle, Prudential warns.

Research from the provider found 35% of women planning to retire in 2010 will get an income below £14,000, the level experts say a single person needs to afford a basic but acceptable standard of l...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: UK pension providers in backlash over green league tables

News Digest: UK pension providers in backlash over green league tables

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 May 2024 • 1 min read
BT Group gross IAS 19 pension deficit increases by £1.7bn

BT Group gross IAS 19 pension deficit increases by £1.7bn

Full-year results show deficit increased from £3.1bn to £4.8bn as at 31 March 2024

Martin Richmond
clock 16 May 2024 • 1 min read
Uptick in number of registered deaths in 2023, figures show

Uptick in number of registered deaths in 2023, figures show

ONS data shows mortality rate saw a 4.7% surge compared to the five-year average

Martin Richmond
clock 16 May 2024 • 2 min read
Trustpilot