New incentives need to be introduced to curb the 'pensions crisis' as the cost of securing a pension...
New incentives need to be introduced to curb the 'pensions crisis' as the cost of securing a pension has risen by 20% over the past 18 years, says Legal & General. Figures calculated by L&G released today shows that the current amount of monthly saving required to secure £100 in a pension pot is £78. This is a 20% increase compared to 1975 when the amount an individual would have needed to put away to secure a pension was £65. Pension strategy director at L&G Adrian Boulding says the difficulty people have trying to find disposable funds to put towards their pension is...
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