One million workers to rely on State pension alone

Conducted by TNS to examine British workers’ attitudes towards income retirement planning, the research reveals 26% of workers are currently not saving at all for retirement, of these, 22%, the equivalent to one million people, are planning to rely entirely on the State pension for their retirement income. Made up of 688 face-to-face interviews with people in full-time employment, the research also revealed that one in five workers expect to retire before they are 60, while amongst those not currently saving for retirement, nearly a fifth of them believe they will have to work into their ...