Warning issued as 15 million Brits under-saving for retirement – these are the groups most affected
The Pensions Commission has issued a warning that approximately 15 million people in the UK are under-saving for retirement. They have called for a national settlement to address the growing pension crisis, particularly affecting women, low and middle-income earners, and the self-employed. Without action, the number of individuals inadequately preparing for retirement could rise to 19 million, increasing reliance on state support.
- ▪The Pensions Commission warns that 15 million people in the UK are under-saving for retirement.
- ▪Women, low and middle-income earners, and the self-employed are particularly at risk.
- ▪The commission predicts that the number of inadequately prepared individuals could rise to 19 million without decisive action.
Opening excerpt (first ~120 words) tap to expand
MoneyWarning issued as 15 million Brits under-saving for retirement – these are the groups most affectedThe Pensions Commission have called for a fresh “national settlement” with significant groups of people facing a severe cliff-edge when they retireVicky Shaw Tuesday 19 May 2026 00:01 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2978902","articleMeta":{"url":"https://www.independent.co.uk/money/uk-pension-retirement-national-settlement-jeannie-drake-b2978902.html","title":"15 million Brits are under-saving for retirement – these are the groups most…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Independent.