Trends

By 2040, the UK state pension age is projected to rise to 68, yet a 2024 report by the Pensions and Lifetime Savings Association (PLSA) reveals that 39% of 30–45-year-olds have no private pension savings. With the average retiree now living 22 years post-retirement (Office for National Statistics), relying solely on the state pension (£11,502 annually) […]