WORKERS must build up a pension pot worth £150,000 in order to have just a basic standard of living when they retire, EverInvestor claims.
The personal finance website said that, assuming an investment return of around 4pc per annum, this amount of savings would provide pensioners with a monthly income of around £500 a month to add to...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- 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
