6.9 Million Britons Unaware of State Pension Forecast, HMRC Warns

New HMRC research shows 6.9 million UK adults, or one in eight, have never checked their state pension forecast. Those aged 45 to 54 are most likely to skip the check despite being closest to retirement. The finding comes as HMRC launches Pension Awareness Week (15-18 September) to encourage people to use the free HMRC app and understand what they will receive in retirement.

Why 45 to 54-year-olds are falling behind

HMRC commissioned Censuswide to survey more than 5,200 people across the UK in February and March. The results show 45 to 54-year-olds are the least likely age group to have checked their state pension, despite retirement being within sight. This age group should be in peak planning mode, yet they are delaying the most.

Common reasons people avoid checking

The survey found 26% of respondents feel retirement is still too far away to think about. Another 24% worry about losing track of pension pots from previous jobs, while 20% are concerned career breaks might affect their entitlement. Some 9.5% say they do not know how to check, and 5% think it would be too complicated.

How to check and what it means for your retirement

The HMRC app allows users to check their state pension forecast in minutes and see if they can top up National Insurance contributions. According to PensionBee’s Maike Currie, you generally need 35 qualifying years for the full new state pension, and gaps can usually only be filled for the previous six tax years. Delaying could mean missing the opportunity to top up.

What financial experts say

Charlotte Kennedy, chartered financial planner at Rathbones, warns that many people view the state pension in isolation. The state pension provides a foundation, but understanding how it works alongside workplace pensions, investments and savings turns retirement planning from guesswork into a plan. A quick check can flag opportunities to improve your future income.

Final Thoughts

With 6.9 million Britons unaware of their state pension entitlement and gaps fillable only for six tax years, checking your forecast now is urgent. Those aged 45-54 should prioritise this immediately. Use the HMRC app during Pension Awareness Week.

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The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.