UK. Nearly nine million savers remain ‘significantly underpensioned’
Nearly nine million savers in the UK remain "significantly underpensioned" compared to the broader population, with research from Now Pensions revealing that private pension incomes for under-pensioned groups are around 43 per cent to 80 per cent of the population average. The report, produced in partnership with the Pensions Policy Institute (PPI), showed that while progress has been made in some areas, such as rising eligibility for auto enrolment, the underpensioned challenge is far from resolved. Indeed, the report showed that...
