Laura Suter: AE deficit to leave generation sleepwalking into pension pot shortfall

'A real issue'

clock • 3 min read

Laura Suter takes a long-term look at pension contributions and warns the auto-enrolled generation could be heading for disaster...

I finally ticked off one of the longest-standing tasks on my boring life admin list the other day - tracking down an old pension and transferring it to my SIPP. When I got my statement through, I was pleasantly surprised at how much was sitting in the pot. I'd only paid a fairly small amount in but my employer at the time was very generous and doubled any contributions I made. On top of that, 12 years of growth (and, it goes without saying, some very shrewd investment decisions by myself) means that the pot was now eight times the amount I had originally paid in. Sadly, my salary w...

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

UK's pensions tax relief spend a 'poor allocation of resources'

UK's pensions tax relief spend a 'poor allocation of resources'

Think tank moots ‘redesign’ of pensions system

Holly Roach
clock 02 June 2025 • 2 min read
Deputy PM Angela Rayner urges chancellor to reintroduce LTA

Deputy PM Angela Rayner urges chancellor to reintroduce LTA

Reports say memo from Rayner to chancellor called for range of tax rises

Martin Richmond
clock 22 May 2025 • 1 min read
QROPS in a post-LTA world: Everything advisers need to know

QROPS in a post-LTA world: Everything advisers need to know

So, what next for QROPS?

Lisa Webster
clock 15 May 2025 • 3 min read