Can the upcoming pensions review finally tackle retirement adequacy?

Worries about whether people are saving enough have been simmering for quite some time. The new Labour government's announcement of a pensions review has thrown the debate around retirement adequacy - having enough financial resources to meet basic needs, live comfortably and maintain a desired lifestyle – back into the spotlight. And addressing this issue is crucial. According to the pension review announcement, just one in seven people in the UK are saving enough for a decent standard of living in retirement, and the average pension pot is far below what is needed to sustain a comforta...