'Squeezed' savers sacrifice pensions but half willing to seek advice

Third of 35-44-year-olds paying for 'here and now'

clock • 3 min read

Millions of people who identify as 'squeezed' savers are neglecting pension planning as they struggle to pay bills and meet everyday commitments, Royal London research has found.

The provider's second Pensions Through The Ages Report, Feeling the Squeeze showed 34% of people aged between 35 and 44 are focused on paying for the ‘here and now', with retirement planning and sa...

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

Most DC members will be 'better off' in future, SPP says

Most DC members will be 'better off' in future, SPP says

Polling finds one quarter think members will be better off in five years

Jasmine Urquhart
clock 05 September 2025 • 1 min read
Under half of employers have reviewed their pension schemes in the last year

Under half of employers have reviewed their pension schemes in the last year

One in ten employers have never checked to see if scheme offers value for money

Martin Richmond
clock 02 September 2025 • 2 min read
Hymans Robertson launches long-term corporate adequacy project

Hymans Robertson launches long-term corporate adequacy project

Consultancy says corporates will need to be at the ‘forefront’ of future pension adequacy provision

Martin Richmond
clock 26 August 2025 • 3 min read
Trustpilot