Royal London: Decent retirement might mean working until age 85

clock • 2 min read

Workers could be forced to work until their mid-80s if they are to enjoy the same level of pension as their parents' generation according to Royal London.

The Death of Retirement report found that someone on double the average national wage contributing 8% would need to work until the age of 85 if they were to enjoy the ‘gold standard' of 67% of pre-...

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Autumn Budget announcements, ECI Partners takes stake in IGG, £1.1bn buy-in deal secured

Professional Pensions
clock 01 November 2024 • 1 min read
LGPS Central exceeds £6bn in private market commitments

LGPS Central exceeds £6bn in private market commitments

The LGPS pool has committed £6bn capital across all private market segments

Holly Roach
clock 01 November 2024 • 1 min read
People's Partnership more than halves carbon footprint of main investment fund

People's Partnership more than halves carbon footprint of main investment fund

Provider says it is ‘imperative’ to integrate approaches between climate and nature

Martin Richmond
clock 31 October 2024 • 2 min read
Trustpilot