Most workers falling short on pensions
Tuesday 2nd June, 2026
Pensions UK warns over three quarters of UK workers aren’t on course to save enough for a ‘moderate’ retirement, as rising living costs push up the income needed and only 23% are projected to reach that level. This gives Wise a chance to comment on how convenient, low‑cost multi‑currency accounts and international transfer tools can help customers save more efficiently and manage retirement contributions across borders, especially for UK savers with overseas income or assets.
1 Source:
Why have we flagged this?
This pension shortfall story affects savers who use multi-currency and international transfer services — Wise could add customer data on saving and remittance behaviour to illustrate how people move money for retirement or to overseas pensions.
Get data story inspiration
Thinking...