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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

CDC guided retirement requirements could be 'game changer', says LCP

CDC guided retirement requirements could be 'game changer', says LCP

Important to ‘avoid losing momentum’ to meet government’s ‘ambitious’ timetable

Martin Richmond
clock 09 June 2025 • 2 min read
Call for urgent clarification after 'mandation by the back door' pensions bill clause

Call for urgent clarification after 'mandation by the back door' pensions bill clause

Fears regulators will use asset allocation test to decide whether or not to approve a MSDA

Jonathan Stapleton
clock 06 June 2025 • 3 min read
PLSA: What a decade of pension freedoms means for retirement

PLSA: What a decade of pension freedoms means for retirement

Ruari Grant says now is the time to make the best pensions access options available to all

Ruari Grant
clock 04 June 2025 • 4 min read
Trustpilot