The present invention is a device for securing a shaft or the like in a hub, wherein an annular groove is provided on the shaft or in the hub to accommodate an elastic securing ring of round cross-section. A shoulder is provided on the hub or shaft radially facing the annular groove and the hub or shaft has an adjusting member displaceable in axial direction with a conical face axially facing the shoulder. This face together with the shoulder forms an annular recess widening towards the opening of the groove. The floor of the annular groove on the side of the adjusting member is at a radial distance from the shaft or hub at least as great as the thickness of the securing ring.