Pre-retirees have worst savings record - Aviva

clock •

People nearing state retirement age have the lowest savings of all over-55s, according to Aviva.

In its first Real Retirement report, Aviva studied the finances of the UK's over-55s, with its research suggesting growing debt and low savings point to a gloomy picture for retiring people. The current generation of retiring and long-term retired has a higher incidence of homeownership, lower debts and more savings than the pre-retirees, according to Aviva's first Retail Retirement Report. The report reviews the finances of the three ages of retirement broken down into pre-retirees (55-64), retiring (65-74) and the long term retired (over-75). Pre-retirees have the lowest savings,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why managing retirement risk matters more than predicting markets

Why managing retirement risk matters more than predicting markets

'Helping clients understand, prepare for and navigate uncertainty'

Andy Brown
clock 12 November 2026 • 4 min read
Solving private markets risks 'almost mission impossible'

Solving private markets risks 'almost mission impossible'

Julius Baer’s Cyril Demaria-Bengochea speaks to Professional Adviser

Sophia Panayi
clock 12 November 2026 • 3 min read
Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Anthropic bankers preparing to increase IPO valuation to $1.5trn – reports

Draft prospectus filed on Tuesday

Jack Roach
clock 11 November 2026 • 2 min read