One in seven over-55s reaching retirement without any pension, finds Aegon research

clock • 3 min read

Aegon has raised concerns about auto-enrolment (AE) after finding one in seven workers aged 55-65 are approaching retirement age without a private or workplace pension.

The poll of 2,004 people in December 2016, conducted by Censuswide on behalf of Aegon, showed that 20% of women between the ages of 55 and 65 have no savings for retirement, as well as 12% of men. ...

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 Defined Contribution

LifeSight hits £1bn in drawdown assets

LifeSight hits £1bn in drawdown assets

Growing numbers of members choosing to stay with master trust as Gen DC start to retire

Jonathan Stapleton
clock 16 September 2025 • 1 min read
Most DC members will be 'better off' in future, SPP says

Most DC members will be 'better off' in future, SPP says

Polling finds one quarter think members will be better off in five years

Jasmine Urquhart
clock 05 September 2025 • 1 min read
Under half of employers have reviewed their pension schemes in the last year

Under half of employers have reviewed their pension schemes in the last year

One in ten employers have never checked to see if scheme offers value for money

Martin Richmond
clock 02 September 2025 • 2 min read
Trustpilot