Aviva research finds 56% of UK working-age adults worry about retirement income adequacy

By Public Technologies
  • Aviva research found 56% of UK working-age adults worry they will lack enough money for an adequate standard of living in retirement.
  • Some 13% believe a pension pot of up to £100,000 would support them through later life.
  • A £100,000 pot could currently buy a healthy 65-year-old single-life annuity income of around £8,000 annually, depending on circumstances and options.
  • Among pension savers, 54% have multiple pots; 62% report employment gaps that can interrupt pension contributions.
  • Retirement planning gaps persist: 29% have not considered or do not know their income needs; 50% have little or no annuity understanding.


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