Quarter of savers forfeiting contributions due to cost of living

'Alarming' figure as inflation continues to rise in the UK

Eve Maddock-Jones
clock • 1 min read
Quarter of savers forfeiting contributions due to cost of living

A significant portion of savers are pulling out of their workplace pension to try and cope with the cost of living crisis, research from Charles Stanley shows.

The investment management firm conducted a survey of 2,086 adults last month to assess what were the key concerns for the general population and how they were reacting to these issues. Top of th...

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

90% of pension providers expect to meet dashboard connection deadlines, PDP finds

90% of pension providers expect to meet dashboard connection deadlines, PDP finds

Majority of FCA-regulated providers are confident of meeting requirements

Holly Roach
clock 23 April 2025 • 1 min read
Rising Star Awards 2025: Nominations open!

Rising Star Awards 2025: Nominations open!

Recognising and celebrating the pension industry’s rising stars

Professional Pensions
clock 23 April 2025 • 2 min read
News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

News Digest: Minister declares Civil Service Pension Scheme delays 'sorted'

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 April 2025 • 1 min read
Trustpilot