CAMPAIGN

Why it’s time to plug the pension gap

The Sunday Times is calling for the government to help savers — or risk creating a generation that will never be able to retire. Here’s our five point plan

The Sunday Times

Sam Christian has about £55,000 in her pension but fears she will need a lot more before she will be able to retire comfortably. “Whenever I put the numbers into a calculator I feel worried,” said Christian, 38, from Kent. “It makes me think I should be putting more in.”

She took a year off work when her daughter Rose, 5, was born and her employer did not make any contributions to her pension for the final 13 weeks of her maternity leave. “I don’t like to think about how that is going to compound over my lifetime,” said Christian. “If employers kept pension contributions going during maternity leave it would make a big difference.”

The Pensions and Lifetime Savings Association (PLSA) says that you