Some 12.2 million people facing poverty in retirement

Scottish Widows report finds the current state of the nation’s savings is ‘precarious’

Martin Richmond
clock • 4 min read
Some 12.2 million people facing poverty in retirement

Just under one-third of the UK population is expected to face poverty in retirement, research from Scottish Widows shows.

The provider's Retirement Report 2026, published today (13 May), found that 31% of the population, some 12.2 million people, are on track for less than the minimum retirement lifestyle, down from t...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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