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NOP finds nearly half will rely on state pension

A staggering 46 per cent of people plan to rely on the state pension in retirement despite Government attempts to encourage people to plan for old age.


A survey by NOP for Standard Life asked 635 people nationwide if they had a pension and why they do not save more for retirement.


It reveals 46 per cent do not have any other form of provision other than the basic state pension. And some 19 per cent of these people do not feel the need to make other plans.


Over half of the respondents believe they do not need a pension because their partner already has one. As many as 5 per cent believe the state pension to be enough.

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The Budget 2015: a brief overview

Following George Osborne’s delivery of his sixth Budget as chancellor and the last of this current parliament, we have provided a brief overview of the initiatives put forward in his statement, focusing on the topics that have an impact upon the pensions landscape, savings, personal taxation and businesses.

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