Savers 'need to put 22%' into pensions post Brexit

James Phillips
clock • 2 min read

A weakened economy following the vote to leave the EU means savers will have to put as much as 22% of their wages into pensions.

Factors such as low interest rates, low returns on assets, and low gilt yields mean pension pots will have a slower growth before retirement. According to Hymans Robertson, prior to Brexit saver...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Contribution

The missing link in retirement policy

The missing link in retirement policy

Brian Henderson says understanding what matters to the individual in retirement is key

Brian Henderson
clock 06 October 2026 • 9 min read
Industry backs call to set timetable for AE contribution increases

Industry backs call to set timetable for AE contribution increases

PP survey finds 90% support for introducing a timetable for AE contribution rate rises

Martin Richmond
clock 06 October 2026 • 2 min read
Partner Insight - Why active investing is becoming more outcome-oriented

Partner Insight - Why active investing is becoming more outcome-oriented

As pension schemes and institutional investors face increasingly complex objectives, active investing is evolving beyond security selection towards more purposeful portfolio design and implementation.

By Samantha Ricciardi, Head of EMEA, Fidelity International
clock 06 October 2026 • 5 min read
Trustpilot