the Pensions and Lifetime Savings Association

Pension poverty risk as many 'face £13,400-a-year retirement'

Pension poverty risk as many 'face £13,400-a-year retirement' The alert comes after a major new Scottish Widows report Millions of workers whose lives are overshadowed by physical or mental health conditions are facing a retirement income crisis, with half at risk of pension poverty, a major new report has warned. An estimated 50% of adults whose health conditions affect their day-to-day lives are heading towards pension poverty in retirement – nearly double the 27% rate for the general...