Research: 40% of baby boomers not saving for retirement

clock

The baby boom generation looks set to sleep walk into retirement as 40% have yet to begin saving into a pension, research shows.

Some 63% also held their savings in cash and will have seen the value of their savings decline from £1,000 to £853 over the past five years due to inflation, according to the Blackrock Investor Pul...

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

PPI: Combined pensions data reveals benefits, flaws and opps for UK pension system

PPI: Combined pensions data reveals benefits, flaws and opps for UK pension system

Nicky Day shares some of the initial findings of the Pensions Data Project

Nicky Day
clock 26 November 2025 • 3 min read
Partner Insight: How this year's Pension Engagement Season 'sparked a movement'

Partner Insight: How this year's Pension Engagement Season 'sparked a movement'

Innovation and this year’s industry-wide campaign have set a new benchmark.

Jill Henderson, Head of Strategic Workplace Relationships, Scottish Widows
clock 21 November 2025 • 3 min read
Aegon's largest default fund hits £1bn in LTAF assets

Aegon's largest default fund hits £1bn in LTAF assets

Provider has established a combined target of 17% allocation to LTAFs by 2028

Martin Richmond
clock 18 November 2025 • 1 min read
Trustpilot