Trillion pound expectation gap awaits retirees

clock

A £1.2trn expectation gap exists between expected retirement income and what people will actually get, Hewitt Associates says.

Results from the consultant's second survey on attitudes towards retirement saving revealed a chasm between retirement income expectations and reality. Hewitt said the gap between current saving...

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

Renting in retirement halves chances of reaching minimum living standard

Renting in retirement halves chances of reaching minimum living standard

Having to pay housing costs in retirement reduces chances of minimum RLS to 43%

Martin Richmond
clock 24 June 2025 • 3 min read
Buzz: Is there a link between the size of a pension fund and its performance?

Buzz: Is there a link between the size of a pension fund and its performance?

Pension fund scale and performance, superfund providers and transfer times

Professional Pensions
clock 23 June 2025 • 1 min read
News Digest: Lloyds to move £6bn pension fund in house; Athora eyes £5bn takeover deal for Pension Insurance Corporation

News Digest: Lloyds to move £6bn pension fund in house; Athora eyes £5bn takeover deal for Pension Insurance Corporation

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 June 2025 • 1 min read
Trustpilot