WORKERS must build up a pension pot worth £150,000 in order to have just a basic standard of living when they retire, EverInvestor claims.
The personal finance website said that, assuming an investment return of around 4pc per annum, this amount of savings would provide pensioners with a monthly income of around £500 a month to add to...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- 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
