Standard Life report: Retirement Voice 2025

For the fifth year running, the life assurance and pensions company has asked 6,000 people from across the UK how they currently feel about their finances, work, and how they are preparing for retirement. 

This year, the report finds that many respondents are unsure about what lies ahead for their personal finances, with 83% saying that the world feels more uncertain than it did a few years ago. Increasing numbers of people expect to work beyond their state pension age – 50%, up from 46% last year.

Download the full report to find out:

  • People are twice as likely to save for a holiday than for their pension
  • 22% of Gen Z use social media for retirement planning information, compared to 1% of Baby Boomers
  • 45% of employees with a DC pension believe being automatically enrolled means they’re saving enough for retirement
  • 5 years is the gap between when people would like to retire (62) and when they feel they’ll be able to (67)

 

 

 

 

Supplied by REBA Associate Member, Standard Life

Standard Life are part of Phoenix Group, the UK’s largest long-term savings and retirement business. We both share an aligned ambition to help every customer enjoy a life full of possibilities.

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