Scottish Widows reported that, by age 55, one in four women will have been out of work for more than five years, which could result in a £70,000 hit at retirement.
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.
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 ...
Part 2 of a series explaining how, evidence to the contrary, most Americans, most journalists and most policymakers believe the U.S. retirement system is failing. Drawn from The Real Retirement Crisis ...
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, ...
Figures have been released days before the Budget, in which Reeves may target tax perks given to pension savers ...
The British Medical Association has joined other unions in criticising a plan to reduce pension pots - Chris J. Ratcliffe/Bloomberg Offering public sector workers higher salaries in exchange for lower ...
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 ...