UK retirement security dips for fourth consecutive year

Ranking comes amid bleak economic outlook in the wake of Covid

clock • 2 min read

The UK has ranked in 18th out of 44 countries in Natixis Investment Managers’ annual retirement index comparison rankings, obtaining an overall score of 72%.

The Natixis Investment Managers Global Retirement Index 2021 also revealed that four out of 10 investors globally felt it was  "going to take a miracle" to retire securely. Significantly, seven out of 10 said accessing investments that reflect their values would motivate them to save for retirement. Global outlook The retirement outlook in the UK has declined for the fourth consecutive year, according to Natixis IM, as economic turmoil from Covid-19 continues to impact retirement security across the nation. According to its Global Retirement Index (GRI), conducted between March a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Exploring pensions outsourcing as a route to unlocking efficiencies

Exploring pensions outsourcing as a route to unlocking efficiencies

'Unlocks the potential for iterative improvement'

Julia Fintz
clock 24 December 2024 • 7 min read
Government confirms no compensation for WASPI women over state pension age changes

Government confirms no compensation for WASPI women over state pension age changes

DWP finds communication delays did not amount to financial loss

Martin Richmond
clock 17 December 2024 • 4 min read
Chancellor's move to pause Pensions Review 'deeply disappointing'

Chancellor's move to pause Pensions Review 'deeply disappointing'

Rachel Reeves has reportedly pressed indefinitely paused the review

Jenna Brown
clock 16 December 2024 • 3 min read