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.
About 6.8 million people — almost half of all of those in poverty — are living in "very deep poverty" in the UK, the Joseph ...
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 ...
The number of pensioners living in poverty in Britain is at risk of hitting two million, it has been warned. Older people are taking "drastic measures" to make ends meet such as skipping meals, taking ...
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 ...