Consumers have no pensions savings, but expect decent retirement

Just under half of the UK workforce is not contributing to any form of pension scheme, says new research by the Consumers' Association. Concerns about the chance of future generations gaining a decent standard of living at retirement are also heightened as this evidence also shows those that of those consumers who are failing to contribute to a pension scheme, almost two thirds of men (64%) want to retire earlier than sixty five and over a third of women (36%) would like to retire before the age of sixty. Consumers said they also thought they would need an average income of three...