Pensions warning as cost of living crisis hits UK workers' retirement plans - Tellbrief.com

Pensions warning as cost of living crisis hits UK workers' retirement plans

More infoPension fears heightened by the cost of living crisis have left UK workers feeling increasingly concerned about how they will manage financially in their retirement years. Tellingly, our research shows how this is resulting in people avoiding pension planning altogether, which must be addressed.

Once people have the right resources to understand their options and feel confident in their retirement planning, the path ahead will likely feel far less anxiety-inducing." Many people believe their State Pension alone won't be enough to live on.

In April 2025, the full amount of the New State Pension is set to rise by £460 from £11,502.40 to £11,962.

60 a year...

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