PLSA Retirement Living Standards

Men in their 50s have around £17,000 more saved for retirement than women

Quick Tools designed to provide savers with support to achieve desired retirement lifestyle

Quilter analysis of PLSA data finds comfortable retirees need an annual income of £26,000

Service designed to support workplace pension savers

Latest findings indicate complex situation for different age groups

Lack of surplus income causing short-term headaches for pension savers

Jonathan Stapleton spotlights the schemes the pensions industry offers its own staff

Hargreaves Lansdown found less than 40% are on track to achieve a ‘moderate’ income

PLSA plots the level of Christmas comfort people can expect at different income levels

Lower return assumptions for growth assets driving decline in expected outcomes