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Retirement Reports

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  1. Mindful Retirement
  2. Adequate Savings Index

Retirement Report 2017: Adequate Savings Index

Scottish Widows’ latest annual Adequate Savings Index reveals that although auto-enrolment has been a success in kick-starting the savings habit for millions, it may be lulling people into a false sense of security that they’re putting away enough for a comfortable retirement. This is particularly the case for the under-30s. While 80% of this age group are paying something into a pension, 70% are not putting away enough.

While retirement may feel like a long time away, it’s important that young people start to think about it as soon as possible. Using the right platforms, technology and content to engage them is a critical first step. If we don’t get this right, it’s far more difficult for them to reach their desired savings levels as they get older.

Scottish Widows Adequate Savings Index

Scottish Widows Adequate Savings Index

How adequately are people across the UK preparing for retirement and how do the regions compare?

Heat map - How adequately are people across the UK preparing for retirement and how do the regions compare?