What is the average pension pot in the UK? According to the latest figures from the Department for Work and Pensions, the average single pensioner has an income of £13,884 a year. For couples ...

Any pot worth less than £10,000 is classified as a “small pot pension”. Different rules apply to pots of this size, and the money held in them can often be withdrawn in a more tax-efficient way.

Average pension pot size by income According to the latest ONS Wealth and Assets Survey, the wealthiest 10% of UK households held £1.25 million in savings and assets on average, while the least ...

As pensions benefit from compound interest, even making small regular or one-off contributions now can significantly increase the size of a pension pot over time.” ...

The newly announced Pension Scheme Bill promises, amongst other things, that all pension schemes will offer a default route ...

An average saver wants more than £30,000 a year to live on in retirement, according to a new study – but their pension pot will only give them that income for just over a decade before they run ...

However, 19% of women aged over 16 were saving into a workplace DC pension, and the median pot size was just £5,000. This gap was most pronounced in the 35-44 age group. A quarter (25%) of women in ...

“If you’re auto-enroled at 18, as opposed to 22, an interesting statistic is that it will increase the size of your pension pot by 15 per cent,” Glancy adds.