Rising predictions of a retirement crisis

B&CE warned when Gen X retires in large numbers, we will be facing a retirement crisis

Holly Roach
clock • 1 min read
Gen X includes individuals born between 1965 and 1980
Image:

Gen X includes individuals born between 1965 and 1980

B&CE has predicted an incoming retirement crisis as it found the majority of Generation X are “not saving enough”.

A report by B&CE (the provider of The People's Pension) revealed that Generation X - individuals born between 1965 and 1980 - is "at risk of falling down a savings gap", with 68% of working individ...

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

Holly Roach
Author spotlight

Holly Roach

News Editor at Professional Pensions

More on Industry

TPR updates DB covenant guidance

TPR updates DB covenant guidance

Guidance for DB trustees is aligned with regulator’s funding code

Holly Roach
clock 04 December 2024 • 6 min read
UK Pensions Awards 2025: Two days left to register!

UK Pensions Awards 2025: Two days left to register!

Next year’s awards will be held on 12 June at The Brewery in London

Professional Pensions
clock 04 December 2024 • 5 min read
L&G annuity sales hit all-time high of £2bn in 2024

L&G annuity sales hit all-time high of £2bn in 2024

Following a resurgence in annuity sales in the market

Sahar Nazir
clock 03 December 2024 • 1 min read
Trustpilot