75% of savers do not know value of their pension pots

Majority of savers on cusp of retirement unaware of how much they have saved

Martin Richmond
clock • 2 min read
75% of savers do not know value of their pension pots

A majority of UK adults across all age groups are unaware of how much money they have saved in their retirement pots, according to a new survey conducted by Standard Life.

The insurer's Retirement Voice study, which surveyed nearly 6,000 savers, found across nearly all the age groups, around three quarters of respondents did not know how much money they had saved in ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Buzz: Have schemes learned their lessons from last year's gilt crisis?

Buzz: Have schemes learned their lessons from last year's gilt crisis?

Gilt crisis, TNFD framework, AE Extension bill and pension awareness campaign

Professional Pensions
clock 26 September 2023 • 1 min read
Sharp rise in number of scheme cybersecurity breaches

Sharp rise in number of scheme cybersecurity breaches

Number of cyber-breaches in the pension sector reported to ICO increased by 4,000%

Martin Richmond
clock 26 September 2023 • 2 min read
SHPS valuation projected to show improved funding position

SHPS valuation projected to show improved funding position

LCP forecasts latest valuation could ‘break the mould’ and show improved funding position

Martin Richmond
clock 25 September 2023 • 2 min read
Trustpilot