Student debt could mean graduate pension savings are a fifth lower

clock • 2 min read

Latest analysis from Royal London has shown that the cost of paying back student debt could reduce graduate pension pots by almost 20% compared with previous generations who graduated with no student debt.

The insurer said having a degree still leads to higher lifetime earnings and a larger average pension pot than that enjoyed by non-graduates - but said the gap between graduates and non-graduates i...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

TPR and PSAG adopt AI to detect scam websites

TPR and PSAG adopt AI to detect scam websites

Pair have developed tool that uses machine learning technology and trained algorithms

Holly Roach
clock 09 April 2025 • 3 min read
Largest ten professional trustee firms now responsible for £1trn of scheme assets

Largest ten professional trustee firms now responsible for £1trn of scheme assets

Isio survey finds the estimated DB market share of these firms has increased to 43%

Holly Roach
clock 09 April 2025 • 2 min read
News Digest: US Treasuries sell-off deepens as 'safe haven' status challenged

News Digest: US Treasuries sell-off deepens as 'safe haven' status challenged

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

Professional Pensions
clock 09 April 2025 • 1 min read
Trustpilot