 |
|
 |  |  |  |
Analysis of UK pension savers by NOW: Pensions revealed that just 25% of pension holders check their pensions balance at least monthly, whilst 19% have NEVER checked it at all. |
Do you save into a pension and don’t know how much you’ve got in it, but could easily tell someone how many Nectar or Boots Advantage card points you have? Then you’re not alone. Like many pension savers across the UK, checking pension balances is low down on the priority list.
In contrast, two in five (45%) say they check their reward card points at least once a month, whilst over a third (39%) make sure they’re on top of their lottery numbers. A third (34%) check on their mortgage balance at least monthly and a superstitious 18% check their horoscope at least once a month. As a result, over a third (38%) say they have no idea how much they have saved for their retirement with women more in the dark than men with 43% stating they have no idea how much they have saved compared to 34% of men. Just 19% of men and women say they have a clear idea how much they have saved. Amy Mankelow, Director of Communications at NOW: Pensions said: “We all love reward cards, but even if you’re a big spender, your Nectar points won’t pay for your retirement. “The chances of winning the lottery are miniscule at 1 in 45,057,474**! But, if you paid in an extra £8 a month, the price of 4 lottery tickets, into your pension pot, then over 40 years you could have saved an extra £10,446.11*** – a guaranteed win.”
Nearly one in five (19%) of pension savers never check their balance |
|
|
|
| Senior GI Pricing Analyst | ||
| London/flex - 2dpw in the office - Negotiable | ||
| Retail pricing role model | ||
| London/flex - 2dpw office-based - Negotiable | ||
| Tech-led actuarial pricing | ||
| London/flex - 2dpw in the office - Negotiable | ||
| GI Pricing (Assistant) Manager - Nati... | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| GI Pricing Manager | ||
| South East / hybrid 2 dpw in the office - Negotiable | ||
| Shape the future of GI pricing | ||
| South East / hybrid 2dpm office-based - Negotiable | ||
| Scheme Actuary - full remote working | ||
| Fully remote with hybrid options - Negotiable | ||
| Capital Actuary | ||
| London - £140,000 Per Annum | ||
| Technical Pricing Manager - Non-life | ||
| Hybrid / remote - Negotiable | ||
| P&C Risk Actuary | ||
| London / hybrid 1-2 dpw office-based - Negotiable | ||
| CONTRACT: GI Provisioning in the Publ... | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Life Leadership - Balance Sheet & ALM | ||
| London/Midlands/Scotland, hybrid - Negotiable | ||
| Transaction and Modelling Leadership | ||
| London/Midlands/Scotland, hybrid - Negotiable | ||
| Head of Business Development | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| Technical Pensions Actuary | ||
| Remote - Negotiable | ||
| Senior Portfolio Manager | ||
| London - £130,000 Per Annum | ||
| BPA Origination Manager | ||
| London/hybrid 2-3dpw office-based - Negotiable | ||
| Pensions consulting in the capital | ||
| London / hybrid 2 days p/w office-based - Negotiable | ||
| BPA Data Specialist | ||
| South East / hybrid 3dpw office-based - Negotiable | ||
| Actuarial Valuations Analyst (Life) | ||
| Scotland / hybrid 2-3 dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
