More than half not saving into a pension blame low income

Victoria Tichá
clock • 2 min read

Lack of adequate income is increasingly to blame for why people do not choose to save towards retirement, according to research by Equiniti.

In its analysis of the Wealth and Assets Survey, a longitudinal study conducted by Office for National Statistics (ONS), Equiniti found that 55% of people surveyed between July 2016 to December 201...

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

Auto-enrolment increases add to soaring SME costs, says Chambers of Commerce

Auto-enrolment increases add to soaring SME costs, says Chambers of Commerce

Policy-driven employment costs make up bulk of increase

Alex Levy
clock 12 August 2026 • 2 min read
Members still struggling with retirement decisions despite a rise in engagement

Members still struggling with retirement decisions despite a rise in engagement

TPT research shows just 11% of members have never reviewed their pension

Martin Richmond
clock 04 August 2026 • 2 min read
SPP: How VfM can evolve to close the consumer gap

SPP: How VfM can evolve to close the consumer gap

Harriet Sayer looks at how the value for money (VfM) framework can become a practical tool for members

Harriet Sayer
clock 04 August 2026 • 3 min read
Trustpilot