20th September 2011

East Midlands comes out top for pension savings

People in the East Midlands save most into their pensions People in the East Midlands save most into their pensions, research shows.

Residents of the East Midlands are taking heed of pensions advice by putting the most money aside for the future compared to the UK average.

Research from Standard Life shows they save an average of £172 a month towards their pension, which is £35 higher than in the rest of the country.

Those in the north-east put the least into their pension each month, which stands at just £102.

Standard Life's John Lawson commented: "It is vital that people engage with their personal finances and their emotional relationships, not as two separate commitments, but as one single entity that supports their aspirations."

He noted that once people have their finances in order, they can be surer about their futures.

People living in Wales were found to have the most regular financial commitments than any other region of the country, although London residents pay out the highest amount every month.ADNFCR-3595-ID-800734336-ADNFCR

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