we’ve gathered data from the UK government and from leading pension providers to determine the national average pensions kitty, along with how pot size varies by age, gender and region.
According to the ONS, the median average UK pension pot is £32,700, yet this varies significantly depending on age and pension type ... The chart below shows the size of the average pension ...
The average amount retirees require per year for a retirement in 2025 is £36,915, which is £25,413 higher than the annual state pension, according to research by Shepherds Friendly ...
Raising legal minimum workplace pension contributions and extending eligibility for auto-enrolment to younger age groups ... by an average of 3.5% per year over 44 years - with their pot’s ...
Early contributions make a big difference; for a young saver, starting a pension at age 35 instead of 25 could mean their pot is only £ ... least £100,000 over an average working lifetime ...
Pension-finding platform Raindrop reunited customers with £251m in lost pension pots last year, representing a 61 per cent increase on 2023, when it traced £156m ...
Interestingly, the most vulnerable are those who delay pension contributions. For some, this may include starting at age 35 rather than ... least £100,000 over an average working lifetime ...
More and more UK employers are taking on board the need to support employees as they approach retirement, often as part of a ...
This is equivalent to five years of 8pc pension contributions for a person earning £33,852, the average salary in someone’s 60s, according to PPI analysis. Lost pots are a consequence both of ...
According to the ONS, the median average UK pension pot is £32,700, yet this varies significantly depending on age and pension type ... The chart below shows the size of the average pension ...