UK facing £317.5bn annual savings gap

clock

The average UK adult needs to save an extra £10,300 a year to live comfortably in retirement, research shows.

The study - carried out by Aviva in conjunction with Deloitte - compared pensions shortfalls across Europe. The UK had the highest annual gap per person on the continent, followed by Germany (£9...

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

First Actuarial calls for 'fairer' Financial Ombudsman Service

First Actuarial calls for 'fairer' Financial Ombudsman Service

Organisation says pension redress sitting at ‘historic low’

Holly Roach
clock 03 April 2025 • 1 min read
PPF publishes three-year strategic plan

PPF publishes three-year strategic plan

Aims to deliver strong investment performance, maintain services, and leverage technology

Holly Roach
clock 03 April 2025 • 3 min read
News Digest: DC schemes could be a growing problem; No escape from Labour's pension tax grab

News Digest: DC schemes could be a growing problem; No escape from Labour's pension tax grab

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

Professional Pensions
clock 03 April 2025 • 1 min read
Trustpilot