Nearly eight in ten UK workers feel it is the responsibility of the individual to provide sufficient savings leading into their retirement, however many are still not saving, new research indicates.
A survey by B&CE questioning 912 working Brits finds a third of the working population are not making any financial provision for retirement, while 44% do not subscribe to a pension scheme. Moreover, B&CE asked those 44% of respondents not making pension savings why they were not saving, with four in ten individuals saying they could not afford to. B&CE, a pension provider for the construction industry, says apathy is also rife among UK worker, with 23% saying "I just haven’t got round to it yet", while a further 19% - predominantly those under the age of 24 -feel they are too young to...
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