Fidelity: Average retiree's pension is £40,996 smaller than pre-crisis retiree

Kim Kaveh
clock • 2 min read

An individual retiring in 2017 will have a pension pot just three quarters of someone retiring in 2007 immediately before the crash, according to research by Fidelity International.

Its modelling exercise showed a typical pre-crisis retiree earning ended up with an average pot size of £180,106, compared to 2017 retirees who had an average pot of £139,110 - only having 46% of t...

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

PP Live: Schemes should 'go the extra mile' on cyber protections

PP Live: Schemes should 'go the extra mile' on cyber protections

Margaret Snowdon says schemes could hire cyber-specialists to protect their data

Jasmine Urquhart
clock 23 May 2024 • 2 min read
Industry calls for GE winner to implement AE reforms and boost at-retirement support

Industry calls for GE winner to implement AE reforms and boost at-retirement support

Industry sets out key pension priorities for incoming government

Martin Richmond
clock 23 May 2024 • 4 min read
PP launches pensions commission to bring together industry ideas ahead of GE24

PP launches pensions commission to bring together industry ideas ahead of GE24

Commission will also collate range of simple, low-cost pension ideas for new administration

Professional Pensions
clock 23 May 2024 • 2 min read
Trustpilot