Pensions

Scottish Widows report highlights a yawning gap between what people expect to receive on retirement and the grim reality Retirement savings have hit a record low, with the number of people putting aside money for a pension falling by 5% last year alone, according to a report this week. Meanwhile, figures prepared for Guardian Money suggest even middle-income workers in company schemes will have to find an extra £600 a month to fund even a basic level of retirement income. The eighth Scottish Widows annual report on UK pensions found that less than half of the population is putting enough… continue reading