£800 monthly pension payment minimum for ‘comfortable’ retirement – Institute and Faculty of Actuaries
6 November 2019
UK workers need to be saving £800 a month in order to enjoy a ‘moderate’ retirement, new figures from the Institute and Faculty of Actuaries have shown. The calculation, using actuarial modelling, follows the launch of the Pensions & Lifetime Savings Association’s Retirement Living Standards, designed to help people picture what life in retirement...