

Retirement pots: which UK cities are home to people with the highest average pension savings?

Higher salaries do not always mean a larger pension pot, according to research conducted by PensionBee. The online pensions provider highlighted notable regional differences in retirement savings across the UK workforce from a survey of 2,000 people. Figures show that although London has the highest average salary, it is way down the table when it comes to the average amount saved for retirement.

1. Edinburgh
Average Retirement Savings Pot: £82,407.43. Average salary: £31,000. Photo: Shutterstock

2. Southampton
Average Retirement Savings Pot: £58,791.68. Average salary: £29,000. Photo: Shutterstock

3. Liverpool
Average Retirement Savings Pot: £58,598.46. Average salary: £27,000. Photo: Shutterstock

4. Sheffield
Average Retirement Savings Pot: £58,013.72. Average salary: £27,000. Photo: Shutterstock