Quarter of savers forfeiting contributions due to cost of living

'Alarming' figure as inflation continues to rise in the UK

Eve Maddock-Jones
clock • 1 min read
Quarter of savers forfeiting contributions due to cost of living

A significant portion of savers are pulling out of their workplace pension to try and cope with the cost of living crisis, research from Charles Stanley shows.

The investment management firm conducted a survey of 2,086 adults last month to assess what were the key concerns for the general population and how they were reacting to these issues. Top of th...

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

Women in Pensions 2026: Entries close tomorrow!

Women in Pensions 2026: Entries close tomorrow!

Individuals and organisations nominated have until 22 May to complete entries

Professional Pensions
clock 21 May 2026 • 1 min read
News Digest: Union to demand public inquiry over civil service pension crisis

News Digest: Union to demand public inquiry over civil service pension crisis

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

Professional Pensions
clock 21 May 2026 • 1 min read
PP Live 26: Commission report illustrates scale of the adequacy challenge

PP Live 26: Commission report illustrates scale of the adequacy challenge

‘Pensions Prophets’ panel discuss the key challenges facing the industry

Martin Richmond
clock 20 May 2026 • 3 min read
Trustpilot