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Five million people approaching retirement at risk of not having 'adequate’ pension income

A new report from the Pensions Policy Institute sponsored by the Centre for Ageing Better warns that a growing number of people are at risk of being unable to afford a decent standard of living after retirement.

Toddler and grandparent

The report warns that the pandemic will further exacerbate challenges for savers and calls for a new settled consensus on retirement income adequacy.

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Have we saved enough? Do people approaching later life have an adequate retirement income?

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