Report launch: The forgotten generation? Retirement income prospects of Generation X
Date: Tuesday 2 March 2021
Time: 2.00pm – 3.30pm GMT
Join us for the launch of our upcoming report exploring the retirement income prospects of Generation X.
- Lord John Hutton
- Jonathan Reynolds MP
- Simoney Kyriakou, Senior editor, FT Adviser
- Andy Curran, UK CEO for Savings and Retirement, Phoenix Group
- Chris Curry, Director, Pensions Policy Institute (PPI)
With many ‘Gen Xers’ (those born between 1965 and 1980) having entered the job market too late to benefit from final salary pensions, yet too early to benefit from schemes such as auto-enrolment, this group is expected to face significant challenges in retirement, if policymakers fail to respond urgently.
There are currently 13 million Gen Xers in the UK – 1 in 5 of the total population. On average, people in this group save just £200 into their pension pots each month and 33% of Generation X are at high risk of retiring with insufficient incomes. With the ongoing COVID-19 pandemic putting additional strain on finances, the case for policy action becomes urgent.
In this webinar, we will be sharing our new findings on the retirement income prospects of Generation X and discussing how policy can respond to support this generation set to retire over the next 10 to 25 years.
Join us by registering below.