Figures show that the average pensioner believes they will need £23,000 per year to live comfortably during retirement. However, the same research also reveals that people are only on course to receive £6,000 per year. How much would you need to cover your retirement needs?
Personal pension provider, True Potential Investor, is aware of the changes in Britain’s attitudes towards pensions. Whilst the press has made more people aware of the importance of pension contributions, some regions seem to be more prepared for retirement than others. But which area of the UK is the best at contributing towards their pension pots? According to research, Northern Ireland were the most efficient when contributing to their pension pots in Q3, 2016. Here, True Potential Investor explores further and establish how pension contributions vary per region in the UK.
Infographic by: www.tpinvestor.com
