Make time for your pension
The research did highlight a concerning knowledge gap as seven in 10 people are unsure of the value of their pension pot. Meanwhile, just over half (52%) haven’t put thought into how much money they will need in retirement. It’s essential to regularly check that your pension contributions, underlying investments and current strategy still align with your goals. Small adjustments today can make a positive difference to your finances further down the line.
Do you have short-term savings?
The survey showed mixed results when it comes to savings. Fewer people are going into their overdraft after covering essential living expenses, but many don’t have short-term savings. This kind of financial buffer is vital as it can help absorb unexpected costs without derailing your long-term plans.
Check your protection
Once you have taken out a life insurance policy, it can be tempting to not think about it again, but the level of cover you need will change over time depending on your circumstances. A regular review of your protection, particularly after significant life events such as the birth of a child, moving home, marriage or divorce, is a must.
Build your resilience today
True financial resilience is about balancing short-term needs with long-term goals. We can help you review your pensions, savings, protection and investments so you can thrive with confidence in the years ahead.
*Royal London’s Financial Resilience Report, 2025
