Millions of people across the UK are “sleepwalking into retirement poverty”, a report has warned, as rising living costs outstrip pension savings and key groups slip through the cracks of the system.
The number of pensioners living in poverty in Britain is at risk of hitting two million, it has been warned. Older people are ...
More than 15 million people across the UK are at risk of retirement poverty, according to a new report from Scottish Widows. More than a third (39%) of people polled by the pension provider were not ...
The Living Pension targets savings of 12 per cent of a worker’s annual salary, of which the employer will contribute at least 7 per cent. This is a figure many in the industry are campaigning to move ...
PensionBee has warned people in the UK are heading towards retirement incomes far below what is adequate in its response to ...
We could be sleepwalking into a retirement crisis, with younger savers woefully underprepared for the demands their pension pots will face. Forty-two percent of under-30s are currently at risk of ...
As the new year begins, savings have hit unprecedented levels, but rising health care costs and growing poverty make retirement unaffordable for many.