A third of workers are reducing or stopping pension contributions

This could mean losing out on £4,092 savings for those earning £35,000

Isabel Baxter
clock • 1 min read
A third of workers are reducing or stopping pension contributions

In the past two years, a third (33%) of all workers have considered reducing or stopping their pension contributions, according to Royal London.

This has risen to 49% of workers aged 18 to 34. The findings carried out with over 6,000 UK adults between 1 and 8 August 2023, found that one in ten (12%) pension savers are reducing the amount th...

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Isabel Baxter
Author spotlight

Isabel Baxter

Senior Reporter at Professional Adviser

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