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UK Pension Crisis: 50% of Workers Lack Savings

7/27/2025

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Summary

Story summary

In the UK, a staggering 50% of working-age adults are without private or workplace pensions, with self-employed individuals, low earners, and women hit hardest. Alarmingly, just 25% of those from Pakistani or Bangladeshi backgrounds have pensions. For many, like 29-year-old Mohaimon, the struggle for daily survival overshadows the need for future financial security.

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Story summary

In the UK, a staggering 50% of working-age adults are without private or workplace pensions, with self-employed individuals, low earners, and women hit hardest. Alarmingly, just 25% of those from Pakistani or Bangladeshi backgrounds have pensions. For many, like 29-year-old Mohaimon, the struggle for daily survival overshadows the need for future financial security.