One third of savers facing poverty in retirement

Scottish Widows research shows certain groups at disadvantage in retirement

Martin Richmond
clock • 4 min read
One third of savers facing poverty in retirement

Over one third of savers in Britain are not on track to reach the threshold for a minimum lifestyle in retirement, latest research from Scottish Widows shows.

The insurer's 2023 Retirement Report  - published today (28 June) - revealed its newly launched national retirement forecast (NRF), which was created to assess the potential retirement outcomes for...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Industry

Government confirms Emma Douglas as 'preferred' candidate for TPR chair role

Government confirms Emma Douglas as 'preferred' candidate for TPR chair role

The WPC will hold a pre-appointment hearing with Douglas next week

Holly Roach
clock 09 January 2026 • 1 min read
PDP proposes launch of private sector dashboards working group

PDP proposes launch of private sector dashboards working group

PDP proposes extending industry collaboration to support the delivery of private sector dashboards

Holly Roach
clock 09 January 2026 • 2 min read
UK Pensions Awards 2026: 2 weeks left to enter!

UK Pensions Awards 2026: 2 weeks left to enter!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 09 January 2026 • 3 min read
Trustpilot