Savings

Quarter of over-50s don’t know state pension age

Rises in state pension age cause confusion.

First pensions dashboard expected in 2019

Government plans to implement multiple dashboards.

1 in 3 pension savers ‘not confident’ about retirement

Retirees say financial situation has worsened.

Retirees ‘not fazed’ by market volatility

Only 1 in 10 are reassessing their investment strategy.

Drawdown savers risk running out of pension income

53% of pension pots in drawdown might not last for life.

Cost of moving rises above £10,000

Buyers only budget for half of additional costs.

State pension age rises to 65 for women

Pension ages now equal for men and women.

Lost pension pots total £20bn

Insurers call for continued work on pensions dashboard.

Lack of savings puts self-employed under strain

7 in 10 feel they need to be more resilient.

Personal pension savings fall in 2016/17

Contribution levels fall 33% since start of auto-enrolment.

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