More than 12m working adults risk retiring on inadequate incomes

In a report that highlights the size of the challenge facing the government to get people saving, some 12.2million adults currently of working age are likely to suffer a significant drop in income when they come to retire, the Daily Mail reports. Middle and higher earners will be particularly affected, as they will find it hard to save what they need to provide an adequate replacement income. The Government's automatic enrolment programme is expected to bring up to 10million workers onto workplace pensions, but even with this landmark project rolled out, many workers are not be saving...