Pensions 'perfect storm' hits with saving at all-time low

Jenna Towler
clock

The number of people saving adequately for retirement has hit an all-time low, while aspirations for pension income have risen, a Scottish Widows report has found.

The life company's ninth annual Pension Report said a 'triple-whammy' of economic uncertainty is making it difficult to save for the long term and highlighted many more pensioners are retiring in d...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SPP: Developing the next generation of pension professionals

SPP: Developing the next generation of pension professionals

Tom Hill says the pensions industry has much to gain by investing in its emerging talent

Tom Hill
clock 26 June 2026 • 3 min read
Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Good News Corner: Actuary's acapella remix of Will Smith's Miami goes viral

Hymans Robertson partner becomes internet sensation during the World Cup

Jonathan Stapleton
clock 26 June 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Keir Starmer resigns, what Andy Burnham could mean for pensions, and a TPR blog

Professional Pensions
clock 26 June 2026 • 1 min read
Trustpilot