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 ...
A charity has warned that the number of older people living in poverty in the UK could rise to two million.
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 ...
Ministers should ensure a retired people have a minimum level of income to prevent a surge in pensioner poverty, MPs have warned. Age UK has found that two million pensioners are already in poverty, ...
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 ...
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