North-South pensions divide flagged by Portafina research

Average pot size can vary by almost £200,000 across UK

clock • 1 min read

A gap as large as £184,484 exists across the average size of pension pots in different cities around the UK, a study by Portafina has found.

After canvassing its 15,000-strong client base around the country, the retirment specialist concluded Harpenden in Hertfordshire had the highest average pot size - £199,510 - with Tyldesley in Manchester second (£197,246) and Bexley in Kent third (£194,547). In stark contrast, the smallest average pension pots were found to be in Falmouth in Cornwall (£15,026) and Boreham in Essex (£17,834). The survey also suggests a 'North-South divide' exists even when it comes to pensions. By county, Surrey, Hertfordshire and West Sussex topped the table for average pension pot size although Manch...

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 Pensions

DWP seeks small pension pot default consolidator solution

DWP seeks small pension pot default consolidator solution

Government aims to have small pot consolidation operational from 2030

Jonathan Stapleton
clock 15 September 2026 • 2 min read
Adviser chases Hartley Pensions for ten months over clients' SSAS transfer

Adviser chases Hartley Pensions for ten months over clients' SSAS transfer

Takes case to The Pensions Ombudsman

clock 10 September 2026 • 2 min read
Pension changes to impact more than half of advised clients

Pension changes to impact more than half of advised clients

Advisers’ biggest concern is not understanding the pension IHT rules

Sophia Panayi
clock 09 September 2026 • 2 min read