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  • Steve Webb, partner at LCP and former Pensions Minister

    Pension savers triggering MPAA via withdrawals to cover cost of living

  • Alistair McQueen, head of savings and retirement at Aviva

    43% of 55-64-year olds struggling financially

  • Over 65s were also more worried about money in retirement than they were in 2016.

    Number of over 65s in work rises 13%

  • The Hargreaves Lansdown Savings and Resilience Barometer measures the financial resilience of the nation every six months in partnership with Oxford Economics.

    Only 43% of Boomers on track for moderate retirement

  • My Pension Expert surveyed 1,254 UK adults over the age of 40

    1 in 5 push back retirement date

  • The ONS released its latest figures this morning for workers over the age of 50 who have left employment since the start of the Coronavirus pandemic

    86% of early retirees consider return to work

  • Auto-enrolment began on 1 October 2012.

    Auto-enrolment hits 10.7m savers at 10 year milestone

  • Andrew Tully, technical director at Canada Life, said the latest figures from HMRC show that many pension savers are having to dip into their retirement funds in order to make ends meet during the cost-of-living crisis.

    Hard-pressed pension savers withdraw 23% more cash in Q2

  • The Treasury building

    Pension Triple Lock may be under threat

  • The current auto-enrolment system is not leading to adequate living standards in retirement, according to the new ‘Protecting pension savers’ report from MPs on the Work and Pensions Select Committee.

    MPs urge auto-enrolment revamp to boost pensions

  • Scottish Widows’ Women and Retirement 2022 report surveyed 5,025 UK adults between 8 March and 15 March 2022.

    1 in 5 younger women failing to save for retirement

  • Search interest and % increase in annuity rates

    Google searches for annuities soar 50%

  • Research was commissioned by HSBC Tomorrow Master Trust and undertaken by Professor Andrew Clare of Bayes Business School, in association with Hymans Robertson.

    Pension savers losing £1.7bn a year

  • The cost of living crisis has pushed up the cost of two years of care by £85,000

    Rising care costs push retirement pot need to £470,000

  • Funding adult children could dent the retirement standards of both the adult children and their parents

    1 in 4 advised clients funding adult children

  • The top reasons given for not currently saving included having other financial priorities, affordability, and ceasing contributions to a pension after becoming self-employed

    Half of self-employed failing to save into a pension

  • A third of non-advised investors were unsure about the best approach to take, in comparison to 17% of those taking regulated financial advice.

    Financial advisers driving annuities revival

  • Close to a third (31%) of those surveyed said they had three of more pensions

    1 in 4 Britons have lost track of a pension

  • The FSCS surveyed 2,001 UK residents over the age of 50

    2 in 3 over-50s shun annuities despite benefits

  • YouGov surveyed 5,072 Britons on behalf of Scottish Widows between 21 March and 5 April.

    1 in 3 to face hardship in retirement

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