One in ten unaware of their retirement income levels

A quarter of workers not confident about planning for retirement

Martin Richmond
clock • 2 min read

One tenth of the UK's workforce does not know if they will be able to have a comfortable level of income in retirement, research from Aviva has found. The insurer's Working Lives Report 2023: Fit for Future, which surveyed 1,001 part-time or full-time employees in the private or charity sector and 203 private sector employers, revealed approximately 2.85 million workers had no idea if they would be able to retire comfortably. The report also found nearly two fifths of employees (39%) said their pension would provide them with enough income to "just get by", while one fifth indicated the...

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

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Your profession

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read