Decreased pension participation among ethnic minority groups

Industry urged to address engagement with savers from minority backgrounds

Martin Richmond
clock • 2 min read
Decreased pension participation among ethnic minority groups

Lower than average pension participation levels among ethnic minority groups have created a disparity in retirement income levels and expectations, research from Phoenix Insights finds.

Analysis from the think tank's longer lives index data found pension participation among savers from ethnic minority backgrounds was lower than average due to an increased likelihood of using non-p...

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

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Industry responds to DC and LGPS changes confirmed in Mansion House speech

Concerns about fewer individuals making decisions, member returns and sustainability

Jasmine Urquhart
clock 15 November 2024 • 5 min read
Women in Pensions and Rising Star Awards 2024: Photos from the night!

Women in Pensions and Rising Star Awards 2024: Photos from the night!

The industry's best were celebrated in a glittering ceremony on 14 November

Professional Pensions
clock 15 November 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Chancellor’s Mansion House speech, TPR DB Funding Code, Utmost enters BPA market

Professional Pensions
clock 15 November 2024 • 1 min read
Trustpilot