UK savers could face 50% pension shortfall after financial crisis

clock

Many UK workers are facing a significant shortfall in their retirement incomes as a result of the global economic downturn in 2008 according to research from HSBC.

A report from the bank on the future of retirement found more than one in five people (21%) reported the financial crisis had significantly affected their ability to save for retirement. Researc...

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

Restore Britain criticises 'hijacking' of private pension investment

Restore Britain criticises 'hijacking' of private pension investment

Economic plan reveals the party would scrap the triple lock

Alex Levy
clock 04 August 2026 • 1 min read
The benefit of M&A expertise on trustee boards

The benefit of M&A expertise on trustee boards

Palwinder Hare says trustees with M&A experience can bring strategic value to boards

Palwinder Hare
clock 04 August 2026 • 2 min read
Government making pension changes 'for change's sake'

Government making pension changes 'for change's sake'

PP survey respondents say while some reform is positive, there is ‘still much more’ to be done

Holly Roach
clock 04 August 2026 • 1 min read
Trustpilot