Torsten Bell @torstenbell.bsky.social · 22/09/2026Fact 1 (part 2): ... but we're not saving enough People retiring in 2050 are currently set to have private pension incomes 8% LOWER than people retiring today. In an ageing society, that's the wrong direction of travel. 192 0
Torsten Bell @torstenbell.bsky.social · 22/09/2026Why? Partly because minimum auto-enrolment rates (5% employee, 3% employer) were never designed to be enough on their own. Also bc 45% of working-age adults still aren't saving into a pension, incl the vast majority of self-employed people. More has to be done to help them save. 271 0
steber2.bsky.social @steber2.bsky.social · 26/09/2026Auto-enrolment was introduced under a very different interest rate environment to today. £9k pa of pre-tax income, plus a state pension and a paid off home, is enough for a typical couple to be better off after retirement than before. Brits prefer to save for housing via property, not pensions. 000 0
Torsten Bell @torstenbell.bsky.social · 22/09/2026Fact 2: it really pays to save. For every £1 an average earner puts into a pension, you get back £4 in retirement (£8 before inflation). £1 saved + 25p tax relief + 75p+ employer contribution = £2 in the pot. Investment growth is the magic sauce that does the rest. 1172 0
