Andrew Tully: A long-term policy framework can fix the UK's retirement undersaving problem

The recently published Pensions Commission Interim Report is essentially a 190-page problem statement that tells us exactly what we already knew: people in the UK are not saving enough for retirement. Nevertheless, it's another valuable piece of work to underscore the reality that a lack of retirement saving is a problem that simply will not go away. The findings from the report, released on 19 May, strongly reinforce many of the themes we found in our own research. Our last Retirement Confidence Index (RCI) study, published in November 2025, found just over a quarter (26%) of UK adul...