"What has been discovered so far is sure to set alarm bells ringing – even in this early stage of the survey," explains spokesman Michael Smith. "There is clearly a chasm between people's retirement expectations and their probable realities.

"We would like to thank all those who have already taken the British Pension Survey – and we would urge those who are nearing retirement, and those who are currently retired, to take the five-minute survey.

"The more people who fill in this confidential, online questionnaire the more accurate the data, meaning that society will have a more detailed snapshot of Britons' retirement incomes.

"The information gathered will become an invaluable resource in finding a solution to the ongoing, and growing, pensions crisis that is engulfing the UK." The primary remit at BritishPensionSurvey.com is to put the findings in the public domain and therefore educate people on finance in retirement.

Organisers will inform governmental agencies, including policymakers at the Department of Work and Pensions, of what has been found so they can better advise the public and use the information to guide their future decisions.


Similarly, all major financial institutions such as banks, building societies, and financial advisory firms will have access to our findings, allowing them an insight into the current realities.

As part of our mission is to educate, leading academics and respected and high-profile pension advisors will be sent the results of the survey. As will every major media outlet in the UK, and indeed wherever British pensioners reside.

Since the British Pension Survey was launched, it has featured on several prime-time TV and radio shows and appeared in various print and online publications. Organisers have expressed their gratitude to the media outlets for their continued support of this important cause.