Majority of under-45s 'in the dark on retirement income'

clock

The majority of savers under the age of 45 are unaware of the amount of income they can expect from their pensions when they retire, according to Standard Life.

In a survey of 2,018 people, the insurer found 79% of under-45s with a pension did not know how much they would receive in retirement, with 74% also unaware of the value of their pension investment...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Employers urged to 'prepare properly' ahead of 'time consuming' auto re-enrolment

Employers urged to 'prepare properly' ahead of 'time consuming' auto re-enrolment

Employers will be re-enrolling employees as part of mandatory requirements

Holly Roach
clock 19 May 2025 • 1 min read
Buzz: Is the Mansion House Accord a positive move for pensions?

Buzz: Is the Mansion House Accord a positive move for pensions?

Mansion House Accord, LGPS consultation and regulated financial advice for savers

Professional Pensions
clock 19 May 2025 • 1 min read
TPR launches industry innovation service

TPR launches industry innovation service

Service will focus on two areas of innovation to enable ‘transparent’ discussions with pension innovators

Martin Richmond
clock 19 May 2025 • 1 min read
Trustpilot