Savers failing to check state pension forecast

Figures show over a third of retirees did not check their state pension forecast before retiring

Hope William-Smith
clock • 1 min read

Almost four in ten retired or semi-retired adults did not check their state pension forecast before retiring, while 14% of those who did check finding the forecast was less than expected, Just Group says.

Findings from the financial services specialist show that while the state pension is the largest source of income for around half of retired households, engagement with forecasting remains low. ...

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 Industry

IFoA urges chancellor to focus on guided retirement

IFoA urges chancellor to focus on guided retirement

Pensions board chair says frameworks need to be reviewed, suggesting a roadmap

Jasmine Urquhart
clock 11 July 2025 • 1 min read
UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

UK GDP falls by 0.1% in May 'increasing chances' of August rate cut

Second monthly decline in a row, but lower than April's 0.3% decline

Sorin Dojan
clock 11 July 2025 • 3 min read
Nest returns profit of £11.9m in 2024/25

Nest returns profit of £11.9m in 2024/25

Annual report shows 9.9% five-year returns for 2045 growth phase fund

Jasmine Urquhart
clock 11 July 2025 • 2 min read
Trustpilot