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

VfM framework 'major step forward' but should be more focused on savers, SPP says

VfM framework 'major step forward' but should be more focused on savers, SPP says

Organisation proposes a ‘consumer-facing’ phase of the government’s framework

Holly Roach
clock 02 June 2026 • 1 min read
UK master trusts launch steering group to improve pension transfers

UK master trusts launch steering group to improve pension transfers

Group will explore ways to improve transfers for savers using open standards

Holly Roach
clock 02 June 2026 • 2 min read
List: The biggest professional trustee firms in the UK

List: The biggest professional trustee firms in the UK

Professional Pensions has compiled a list of the main professional trustee firms currently operating in the UK occupational pensions market.

Jonathan Stapleton
clock 02 June 2026 • 2 min read
Trustpilot