Pensions
Pension statistics: What is the average pension pot in the UK?
We look at the average pension pot in the UK and other pension statistics.
Danny was a publisher at Finder specialising in insurance and investing. He previously worked at the global insurer Aon and has appeared in national media giving advice on insurance.
Danny holds a BA in International Business from the University of Plymouth and has undying loyalty to his average-poor football team, Portsmouth FC.
Expertise
- Car, home and business insurance
- Helping people save money on their insurance
- Project management
- Giving valuable insights to website visitors
Experience
- Author of over 500 insurance articles
- Featured on leading trade magazines and national press, including Insurance Business Mag, Insurance Edge, The Independent and more
- On the judging panel for Finder’s Insurance Innovation Awards 2021
- Helped to drive multiple digital transformation projects at global insurer Aon
- Earned Prince2 Agile project management qualifications in 2019
- Completed CIM diploma in Professional Marketing in 2016
Education
- Bachelor of Arts, International Business | University of Plymouth (HVA Amsterdam) | 2010 - 2014
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Industry insights from Danny Butler
We asked Danny for his insider tips on car insurance savings and trends.
How can consumers save big on car insurance?
As a starting point, I'd be looking for a vehicle in a low insurance group in a popular colour with no modifications. For additional savings, I'd look at increasing the excess slightly (if this is an option for you) to lessen the risk for the insurance company and decrease your premiums. Lastly, make sure that you shop around and compare several quotes from a range of different providers and look at different policy dates. The price changes are often substantial and a slight change in policy date could make a big difference to your bottom line.
Where do you see car insurance heading in the next 10 years?
Car insurance is likely to undergo big changes over the next 10 years. The pandemic has highlighted a flaw in the traditional pricing model, which has seen a surge in usage-based insurance companies that address that flaw. With traditional insurers having to innovate more than ever to appease the growing demands of the consumer, we can expect an extremely competitive playing field where the consumer will hopefully finally win. This surge in innovation, coupled with the rise of the electric vehicle market and other sustainable vehicles, will make for a very exciting decade to come.
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