Savers can draw down target retirement income for only 11 years, report finds

Report also found the government is the least trusted source for pensions advice

clock • 4 min read
Savers can draw down target retirement income for only 11 years, report finds

Retirees can expect to draw down their target retirement income for just 11 years, according to a report by Retirement Review.

The firm's report – which questioned 3,000 consumers – highlighted the lack of savings reality versus retirement income expectation faced by retirement savers across the UK, which can be as much as...

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

Pension Schemes Bill facing 'genuine risk of failure'

Pension Schemes Bill facing 'genuine risk of failure'

Industry says trustees feeling ‘sense of legislative fatigue’

Holly Roach
clock 28 April 2026 • 2 min read
Professional Pensions Live: Three weeks left to register

Professional Pensions Live: Three weeks left to register

Our flagship event will be held on 19 May at Convene, 155 Bishopsgate in London

Jonathan Stapleton
clock 28 April 2026 • 1 min read
UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

UPDATED: House of Lords disagrees again with Commons bill amendments on mandation

House of Lords urges Commons to ‘consider the matter again’; DWP minister says removing power 'not going to happen'

Holly Roach
clock 28 April 2026 • 2 min read
Trustpilot