A roadmap to adequate retirement incomes for all
By Phoenix Insights
Achieving decent, financially secure retirements for people in the UK is an essential priority for individuals, government and industry alike.
Phoenix Group previously called for a holistic review of pensions adequacy, and are pleased to see the new Government’s commitment to do so in the coming months. The long standing question of ‘how much is enough’ for retirement can be complex and wide reaching one. The question will need to be answered through a collaborative approach and followed by an action plan. Consensus will be needed from a range of stakeholders including different political parties, individuals as both savers and taxpayers, employers, and the long-term savings industry.
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